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Apple May Release 4G-Only iPhone 12 in Early 2021

In a research note shared by Business Insider, Wedbush Securities analysts said that Apple may release a cheaper iPhone 12 in early 2021 with no 5G connectivity. Wedbush initially believed Apple would launch a mix of 4G and 5G ‌iPhone 12‌ models this fall. Following re-examination of Asian supply chains, analysts Daniel Ives, Strecker Backe, and Ahmad Khalil revised the predictions, concluding that they now expect multiple 5G ‌iPhone 12‌ models this fall, and one cheaper 4G-only model in early 2021. Ives told Business Insider that this 4G-only variant could…