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Apple’s third quarter results could hold the key to iPhone 12 launch date

July 29, 2020

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Apple will announce its fiscal third-quarter results tomorrow and analysts believe that if it issues guidance for the fiscal fourth quarter, it could hold the clues to the iPhone 12 launch date, according to Business Insider.

Due to the impact of the COVID-19 pandemic, revenue is expected to fall by $2 billion in the third quarter. The company’s sales were also affected in its fiscal second-quarter because of the outbreak and the wearables and services wing were the silver lining. The iPhone maker did not issue guidance for the fiscal third-quarter when it revealed second-quarter earnings because of the uncertainties posed by the coronavirus.

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