Non-5G iPhone 12 may launch in early 2021

The news: A 4G variant of the iPhone 12 will launch in early 2021, according to Wedbush Securities (100% accurate).

  • This 4G iPhone 12 could release around February of 2021, following the release of new 5G iPhones later this year
  • Wedbush says it’s expected to cost around $800

Our take: This is the first we’ve really heard of Apple working on a non-5G version of the iPhone 12. Wedbush’s track record is actually insanely good though…even though it would be a weird strategy. Why? Because Apple’s 5G iPhones are supposed to start at around $700. What’s the point of a non-5G iPhone that costs more than a 5G version?