The report of Qualcomm’s Q3 earnings might show an upcoming Apple’s 5G iPhones delay, having a highlight of the company as, the late arrival of a global 5G flagship phone launch can leave a partial impact for its projections of the fourth quarter that covers earnings of month July, August, and September.
If we look at the upcoming smartphone launch calendar, then it seems so difficult to imagine that Qualcomm is saying about delay release of any device other than the upcoming 5G iPhones, that relied upon to show up this fall. Regularly, Apple launches its new iPhone in the month of September, which is one of soon release devices that would sell in huge enough numbers that Qualcomm may need to reveal the material effect on an income call. Apple’s 5G lineup, there are already rumors circulating of such delays because slow downing in production has already caused by the COVID-19 pandemic.
In a meeting with Reuters, CFO Akash Palkhiwala showed that the late release likely wouldn’t be excessively long for the anonymous mobile phone, describing it as a slight postpone that pushes a portion of the units out from the September quarter to the December quarter for us.
In Qualcomm’s December quarter the other months of October, November, and December are included, so if this phone device was scheduled for September, it may just be deferred into the next month.
Last year, Qualcomm and Apple broadly made peace in a settlement of $4.5 billion that saw Apple recapture services of Qualcomm as a 5G modem provider for its items following quite a while of fights in court over patent debates. Apple is relied upon to present Qualcomm’s 5G modems in the 2020 iPhone releases as its first items to help the networking technology of next-generation.