Apple plans to debut low cost 5G iPhone in March – Bloomberg News


(Reuters) – Apple Inc is concentrating on a date on or close to March 8 to unveil a low-cost 5G iPhone and an up to date iPad, Bloomberg News reported on Friday, citing individuals with data of the matter.

According to the report, the brand new iPhone would be the first replace to the iPhone SE mannequin in two years and can function 5G community capabilities, an improved digicam and a quicker processor.

Apple in October introduced two new MacBook Pro fashions that run on extra highly effective in-house chips.

With the anticipated launch nonetheless greater than a month away, Apple’s plans could change in the face of manufacturing delays or different adjustments, the report added.

The firm didn’t instantly reply to a Reuters request for remark.

Cupertino, California-based Apple is overcoming the expensive international scarcity in laptop chips and posted file gross sales over the vacation quarter in January, beating revenue estimates and forecasting that its shortfall is narrowing.

(Reporting by Tiyashi Datta in Bengaluru; Editing by Devika Syamnath)

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