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Stock impact report

Apple reportedly delays new iPhone production, putting 'super cycle' of upgrades in doubt [CNBC]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: CNBC
An employee, left, shows a customer the features of an iPhone 11 at Apple store during a product launch event in Kuala Lumpur, Malaysia on Friday, September 27, 2019.Chris Jung | NurPhoto | Getty ImagesThe Wall Street JournalThe report says Apple is planning four new iPhones, including one with a 5.4-inch screen, two with 6.1-inch screens and a big model with a 6.7-inch screen. It's unclear how many of those phones may be impacted by the delay — the report just says "flagship iPhones" — but some analysts have said Apple could push the launch of some or all of its new phones.Before the coronavirus pandemic hit, many analysts expected Apple's next iPhone models to kick off a "super cycle" of upgrades thanks to an expected redesign of the phone and the addition of 5G. A significant portion of the iPhone installation base is still made up of models that launched as long ago as 2015, and the hope was the 2020 iPhone models would have enough new features to encourage those users to finally Show less Read more
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