In pics: Apple joins 5G bandwagon with iPhone 12 launch

SUMMARY

Apple Inc on Tuesday launched the iPhone 12 with faster 5G connectivity, which the Cupertino, California company hopes will spur a wave of upgrades and keep its sales booming through the end of the year.

By CNBC-TV18Oct 14, 2020 5:29:39 PM IST (Updated)

Apple Inc on Tuesday launched the iPhone 12 with faster 5G connectivity, which the Cupertino, California company hopes will spur a wave of upgrades and keep its sales booming through the end of the year. (Text: Reuters)

The annual launch event is nearly one month later than normal and comes as the coronavirus pandemic has disrupted Apple’s well-oiled machine for designing and churning out its biggest-selling product. (Text: Reuters)

Apple is in a delicate position of needing to excite consumers with 5G without setting them up for a disappointment. (Text: Reuters)

Shares of Apple fell 2.7 percent on Tuesday, after jumping 6 percent the day before, which added $ 128 billion to its stock market value. (Text: Reuters)

For many of its fans, it will be their first experience with 5G networks, which in the United States remain years away from delivering dramatic speed boosts for most consumers. (Text: Reuters)

Some analysts worry Apple will be selling a high-powered sports car while its customers remain confined to sleepy village roadways. (Text: Reuters)

Apple also announced a HomePod Mini smart speaker that will come in white and grey, cost $99, and be shipped starting November 16. (Text: Reuters)