In a recent research note, a group of Wedbush Securities analysts have indicated that Apple could release a cheaper iPhone 12 variant in early 2021 that would forego 5G connectivity.
Following re-examination of Asian supply chains, analysts Daniel Ives, Strecker Backe, and Ahmad Khalil revised the predictions, concluding that they now expect multiple 5G iPhone 12 models this fall, and one cheaper 4G-only model in early 2021.
Ives stated that the 4G-only variant could launch around February, and be comparatively cheaper than the 5G iPhone 12 models, with a price around $800. Ives added that the 5G iPhone 12 models are unlikely to be more expensive than the current prices for the iPhone 11 and iPhone 11 Pro handsets.
“Price points will be aggressive as Apple goes after their broader customer base,” Ives commented. “Especially in a recession, in a COVID-19 backdrop, they need to make sure they’re hitting all price categories.”
Apple is expected to release four OLED iPhones in 5.4-inch, 6.1-inch, and 6.7-inch sizes this fall.
Rumors suggest the 6.7-inch iPhone and one 6.1-inch model will be higher-end devices with triple-lens cameras, while the 5.4 and 6.1-inch models will be lower-end iPhones with dual-lens cameras and a more affordable price.
Apple has also been rumored to be planning a staggered launch, and during the company’s third quarter earnings call, Apple CFO Luca Maestri confirmed that Apple is expecting to release this year’s iPhones later than usual.
Stay tuned for additional details as they become available.
Via MacRumors and Business Insider