5G could make the iPhone 12 a must-have product.
That's a significant milestone that could help convince millions of people to upgrade their smartphones. "We previously were [expecting] 4 models with a mix of 4G/5G for the iPhone 12 unveil, however now based on supply chain checks we are expecting ONLY 5G models for the Fall launch," Ives wrote in an investor note Sunday evening. Apple did not respond to a request for comment on this story.
Making a 5G-connected iPhone could improve the consumer experience for Apple's digital services, like Apple TV+. Though iPhones have long been Apple's biggest sales driver, the company is increasingly reliant on services to diversify its sales: Overall services revenue hit a record $13.2 billion in the June quarter, boosted by the pandemic-fueled shift in habits.Apple is somewhat late to the 5G phone game.
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