Major iPhone supplier hints at iPhone 12 release delay"This year, we do not expect to see this uptick in revenue until our fourth fiscal quarter"
What you need to know
Previous reports have suggested the iPhone 12 is delayed.
A major iPhone supplier has now seemingly confirmed this.
Broadcom says it does not expect to see the usual uptick in revenue from the iPhone until Q4, rather than Q3.
Following reports over recent months that the iPhone 12 has been delayed, a major iPhone supplier has told analysts this is indeed true.
As Bloomberg reports:
Broadcom Inc., a major Apple Inc. supplier, suggested the latest iPhones will be launched later than usual this year.
Hock Tan, chief executive officer of Broadcom, discussed a "major product cycle delay" at a "large North American mobile phone" customer, during an earnings conference call with analysts on Thursday.
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 quarte...
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Major iPhone supplier hints at iPhone 12 release delay
