Bloomberg Report Suggest that Broadcom has hinted that Apple's iPhone will ship much later than usual this year
There have been a number of rumors, like the one from the Nikkei Asian Review in March, that the 5G iPhone 12 could be delayed. Now we're learning that Apple supplier Broadcom has suggested that the next generation of iPhones will be launched later than usual this year. Broadcom CEO Hock Tan discussed a "major product cycle delay" at a "large North American mobile phone" customer, during an earnings conference call held with analysts earlier today.
Tan often refers to Apple this way. This time, the executive said the delay will mean the bump in wireless revenue experienced by Broadcom will happen one quarter later than usual this year.
Hock added: "We are in" the new iPhones. "The question is timing."
Apple is planning to release its next iPhone line multiple weeks later than usual, Bloomberg News previously reported. The company typically unveils its new iPhones in the second half of September, but has occasionally, like in the case of the iPhone X in 2017, launched major new models later in the year. For more on this, read the full Bloomberg report.
Perhaps for AAPL shareholders this could be a concern but most couldn't care less as long as they're available for Christmas shopping.