Apple's iPhone series is one of the world's most anticipated smartphones and the company is expected to soon unveil the new smartphones of the iPhone 12 series. New research, however, has stated Apple may run late on its schedule. Apple typically announces the latest iPhone line-up in the month of September but may have postponed the launch dates to November.

Apple's second quarter production is expected to be 35 million units, down 5 per cent from the first quarter and down 13 per cent from the same period last year, according to a report by investment bank Cowen. The analyst said the supply chain of production has generally returned to normal output levels but there is still uncertainty regarding downstream demand. Apple's iPhone shipments in the second quarter would hit 30 million according to the investment bank 's estimate.

A trusted Apple insider, Jon Prosser, said earlier that there is also the possibility that a later launch event for iPhone 12 could allow more people to attend in person. It will also give the Cupertino-based tech giant time to reopen more stores that are closed due to lockdowns in various markets. Apple's reopened 256 of its more than 500 retail stores so far.

A trusted Apple insider, Jon Prosser, said earlier that there is also a chance that a later iPhone 12 launch event could allow more people to attend in person. It will also give the Cupertino-based tech giant time to reopen more stores that are being closed in various markets due to lockdowns. Apple's so far reopened 256 of its more than 500 retail outlets.

The iPhone 12 Pro version will be launched with ProMotion with a 6.1-inch Super Retina XDR. The iPhone 12 Pro Max will provide a 6.7-inch screen that is set to be the largest on any iPhone.