Hasta La Gadget!

There are several rumors related to the iPhone 12’s launch date. Some believe it will still take place in September, while others believe it could happen later. However, according to the latest report from the analysts at Wedbush, they claim that the iPhone 12 event will still take place this September.

However, they also claim that while the handset might be announced in September, don’t expect to be able to purchase it until October. This seems to be more or less in line with what we’ve heard in the past, although this doesn’t necessarily make it true because Apple has yet to officially announce anything.

Prior to the coronavirus pandemic, it was largely expected that Apple would be keeping to schedule. However, due to the virus outbreak, there have been several theories offered as to why the iPhone 12 could launch later than expected.

One of the reasons is due to demand, where the outbreak has had a negative impact on the economy. As such, it was suggested that Apple was delaying the launch as they wanted to give the economy some time to recover so that people would have money to purchase its products. Another reason is that the outbreak has forced factories around the world to temporarily halt their operations and it has also prevented travel.

This means that Apple’s engineers are unable to test the devices that have been manufactured in order to move onto the next stage. In any case take it with a grain of salt, but hopefully we’ll have more answers soon.

iPhone 12 Expected To Be Announced In September, But Might Only Be Available Later

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In manufacturing, it is generally accepted that the more you order, the cheaper the price you can get per order. This is why products that are produced in lower quantities can sometimes be priced higher than those produced in massive quantities. However, it seems that Apple did not manage to do that with Samsung.

A report from Display Supply Chain Consultants is alleging that Apple is said to have paid Samsung nearly $1 billion in penalties ($950 million to be exact) for failing to meet the minimum order quantity for OLED panels for the iPhone. Apparently Apple was supposed to have ordered a certain amount of OLED panels from Samsung, but perhaps due to the lack of demand, they might have reduced their orders which then fell below Samsung’s MOQ.

As a result, Apple is said to have to pay Samsung a penalty. This is evidenced in part in Samsung’s earning guidance for Q2 2020, where Samsung hinted that what could have been an operating loss due to the fewer orders, actually turned into operating profit due to the $1 billion penalty.

What’s interesting about this report is that apparently this is the second time that Apple has been forced to pay the company a penalty for missing orders, although in this instance, the penalty was higher than the previous year.

Apple Just Paid $1 Billion To Samsung For Not Meeting Their Target

, original content from Ubergizmo. Read our Copyrights and terms of use.

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