The new model will be particularly notable for being tailored for the super-fasted 5G telecom networks taking root around the world.
Some Apple rivals have already produced 5G models, and China is far ahead of the US when it comes to the new-generation networks. Wedbush Securities called the new iPhone"Apple's most important product cycle since the iPhone 6 in 2014," with demand by Chinese consumers to upgrade to the phone expected to be strong.
"Cook & Co. have the stage set for a supercycle 5G product release which should drive shares further, in our opinion," Wedbush said in a note, referring to chief executive Tim Cook. "Although the soft macro and COVID backdrop will clearly dent some demand, we believe the underlying growth drivers for iPhone 12 success are unparalleled." –
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