In a research note shared by Business Insider, Wedbush Securities analysts said that Apple may release a cheaper iPhone 12 in early 2021 with no 5G connectivity.
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The tech giant is expected to release several new smartphones this fall that will all support 5G connectivity. Wedbush initially expected Apple to launch a mix of 4G and 5G-enabled versions of its iPhone 12 this fall. But the firm revised its predictions after its most recent Asia supply chain checks, now saying that it expects to see multiple 5G iPhones in the fall and a cheaper 4G model in early 2021.
The Sellers Research Group (that’s me) disagrees with the Wedbush report. I think that the entire line-up of iPhone 12 models will roll out before the holidays.