Apple is reportedly planning to launch a cheaper iPhone in 2020, following falling sales and loss of Chinese market share to Huawei. The report claims that the company will be launching its new smartphone at an event on September 12, but it could come as early as September. Apple ramped up mass production of the latest flagship iPhones in the final two weeks of August, and the manufacturing process was smooth since there were few challenging new features this year, two people familiar with the plan said. Apple has seen two consecutive quarters of market share drops in 2019, according to IDC data, following its first reported decline in iPhone shipments and losing its status as leading smartphone maker to Huawei.
Apple is reportedly planning to launch a cheaper iPhone in 2020, following falling sales and loss of Chinese market share to Huawei. The report claims that the company will be launching its new smartphone at an event on September 12, but it could come as early as September. Apple has seen two consecutive quarters of market share drops in 2019, according to IDC data, following its first reported decline in iPhone shipments and losing its status as leading smartphone maker to Huawei.