Apple Might Delay Next Big iPhone Launch Due to Coronavirus

Apple didn't immediately respond to a request for comment.

Whether Apple does ultimately delay its iPhone or not, the possible move indicates how much the coronavirus continues to impact businesses, in addition to people's daily lives. Apple's most important product is the iPhone, which accounts for about half the company's revenues and a big chunk of its profit as well. Apple's annual cadence of new iPhone releases in the fall has allowed the company to offer new technologies and take on rivals. It's also pushed rivals such as Samsung to offer new technologies of their own, putting pressure on Apple to step up its game too.

This year, however, the tech industry will grapple with supply chain disruptions from China's virus containment efforts, and a slowing economy across the globe as a result of lockdowns and sickness concerns.

Worries about people's slowing spending habits have already pushed the movie industry to delay big blockbusters, like the next James Bond film, and in some cases to test offering people the chance to rent newly released movies online for a little more than the cost of a theater ticket.

Whether tech companies will similarly choose to delay product launches, or change how they do business to adapt, remains to be seen.