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Apple Hopes To Sell 80 Million New '5G-Enabled' iPhones Despite Pandemic Production Delays

• Zero Hedge - Tyler Durden

Social media users were quick to lampoon the first leaked images of Apple's new iPhone 12 series, with some complaining that the new camera array "looks like my stove".  But despite all of the logistical disruptions caused by the SARS-CoV-2 pandemic, Apple is apparently still planning to roll out its first batch of 5G-compatible phones and devices.

One day after Apple's shares powered higher on Monday following a 4-for-1 stock split, the company's comms department has strategically leaked details about its upcoming product slate to Bloomberg. And just like that, all those jokes about "trypophobia" have been immediately forgotten, as consumers focus on several key product offerings, including a new generation of air pods, and a new set of lower-end Apple Watches - a surprise smash hit in the company's product line - intended to compete with FitBit.

Source: BGR

While Wall Street analysts question the notion that the rollout of 5G will create a new smartphone-sales 'supercycle', Apple is going all-in, reportedly ordering 75 million 5G iPhones to be shipped during the 2020 holiday shopping system. Apple insiders told BBG that the company expects as many as 80 million units, more than they sold during 2019, the year the post-GFC boom peaked - and a year when sales already started to show some weakness, which Apple - to its credit - telegraphed months in advance.


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