The iPhone 5G iPhone could still arrive this fall says analyst Kyle McNealy.
From a note to clients that landed on my desktop Tuesday afternoon:
Too Early to Tell if Apple is Off-track for Fall Launches… The Display supply chain appears to be positioned for a May launch for the Apple (AAPL, $259.74, Buy) cost optimized iPhone SE successor (4G+LCD) versus the previous expectation for April. Including this launch, the Display supply chain is prepared for a total of 5 new iPhone devices launched in CY’20. The remaining four devices will be launched in the Fall including a 5.4” OLED, 6.1” OLED, 6.7” OLED, and 6.1” LCD. At this point (early April), it’s too early to tell if Apple is off-track for a September launch.
The Display supply chain is currently operating as if everything is going forward for September. Pilot production and testing typically takes place in May with mass production in June for a September launch. In May, they’ll have a better sense for how the production and testing timeline is progressing and a better idea whether the ultimate launch will go forward for September or get delayed to later in the year.
My take: At this point, I’ll only believe an iPhone launch when I see it.