Rumor Mill Can Take A Break: Apple Confirms 2020 iPhones Will Not Arrive In September
News 18Apple has confirmed that it will be launching the 2020 line-up of the Apple iPhones a bit later this year. “Last year we started selling new iPhones in late September, this year we expect supply to be available a few weeks later,” said Apple CFO Luca Maestri, during the earnings call. More iPhones were sold in the Q3 2020 period, clocking $26.41 million in net sales, up from $25.98 million in same quarter last year Apple and Qualcomm made peace last year after a long-drawn legal battle which ended with a $4.5 billion settlement. During the quarterly earnings call, Apple CEO Tim Cook also spoke about Apple’s new $100 million Racial Equity and Justice Initiative as well as commitment to be carbon neutral by the year 2030. Apple’s net product sales, which includes iPhones and the Mac line-up of computing devices, as well as services including Apple Music and iCloud, clocked $59.68 million in sales, up from $53.8 million in the same quarter last year.