Initial iPhone 12 data suggest we’re off to great start: Tim Cook

New Delhi : The delay in launching the new iPhone 12 series is a blessing in disguise as according to Apple CEO Tim Cook, initial data points on iPhone 12 and 12 Pro suggest the company is off to a great start for the upcoming quarters.
The company informed that iPhone revenue was $26.4 billion — down 20.7 per cent year-over-year — as it did not have availability of new iPhone models during the September quarter this year. However, through mid-September, customer demand for the current product lineup grew double digits.
“We’ve got a once in a decade opportunity with 5G. There’s a lot of excitement around 5G. And we’ve got some aggressive offers in the marketplace. And I look at the initial data points that we’ve got on the iPhone 12 and the 12 Pro, we are off to a great start,” Cook told analysts during the earnings call on Thursday.
“We’ve completed 5G testing so far on over 100 carriers in over 30 regions. And so it’s pretty, it’s pretty pervasive around the world,” Cook informed.
The tech major said it is very bullish on the December festive quarter.
“We’ve launched four iPhones. And there is an iPhone for everyone there. It is the strongest lineup we’ve ever had by far. We do have a very large, loyal and growing install base. And we’re also reaching out to switchers. And so I’m very optimistic there,” Cook noted.