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Wireless Companies Hope New iPhone Launch Jumpstarts 5G Adoption

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Telecom executives whose companies are spending billions of dollars implementing 5G technologies hope Apple’s new 5G-capable iPhone will amplify what so far has been muted consumer interest in the faster networks, the Financial Times reports. 3 that Apple ordered 75 million 5G iPhones prior to unveiling its new lineup on Oct.

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Will Apple’s Anticipated Slate Of 5G iPhones Drive Record Sales?

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If Apple ’s “Hi, Speed” slogan for its upcoming autumn event is any indication, one of the primary functions of the iPhone 12 could be support for 5G speeds. It is broadly anticipated that Apple will unveil its iPhone 12 phone collection. inch iPhone 12 Mini will reportedly begin at $699, the 6.1-inch 13) at 1 p.m. Eastern Time.

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Apple Settles Slow iPhone Lawsuit For $500M

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Apple has agreed to settle a lawsuit for as much as $500 million over allegations that it slowed down older iPhones, according to a report by Reuters. . The lawsuit said the technology giant intentionally slowed down older models of the phone to entice people to buy new ones. are eligible for the settlement. million for expenses.

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Delay Expected For Faster Apple 5G iPhones

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In a note to investors, Susquehanna said Apple will roll out its inaugural 5G iPhones in September. The speedier mmWave 5G iPhone models, however, won’t likely arrive prior to December, CNBC reported. The report noted that the tech company will likely announce all of its new iPhones at an event in the fall, as it tends to do.

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AT&T: Economic Pressures Could Curb Consumer Enthusiasm For iPhone 5G

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AT&T is warning against too much optimism over the rollout of new Apple 5G iPhone technology supposedly slated for October, CNBC reported. This comes after Apple predicted mass swathes of people coming online with the new, speedier technology, asking suppliers for around 75 million 5G-capable iPhones.

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Apple Stalls Production Ramp-Up For New iPhones

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Apple is still planning to launch new iPhone versions in mid-September but is curtailing the usual summer ramp-up in production by 20 percent, The Wall Street Journal reported on Monday (April 27), citing sources familiar with the decision. Four new iPhone versions are being released, some equipped with 5G, sources said.

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iPhone Sales Stall And Apple’s Stock Price Suffers Despite Record Setting Revenue

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But the iPhone missed analysts' expectations as sales were down over 20 percent year-on-year over the iPhone 12 release delay. Normally, fiscal Q4 for Apple can count on a big iPhone sales bump — care of whatever the latest flagship model has gone out during the last few weeks of the quarter. billion — missing the $27.93

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