Apple has announced that the company will launch iPhone 12 on October 13 this year. Apple iPhone 12 will have superfast 5G connectivity but the company has not yet shared any details about the pricing of the new iPhone. The launch event will be only online due to COVID-19 pandemic. The event will be live-streamed on Apple’s website and on the official YouTube channel of the technology major.

As per initial views on Apple iPhone’s design elements, it has been inspired by iPad Pro. Consumers would be interested in the new features and the price tag of Apple iPhone 12 but the company has been guarding those secrets. iPhone 11 was launched with a price tag of $799, iPhone 11 Pro for USD 999 and iPhone 11 Pro Max came with a price tag of $1099 in 2019. Apple is expected to launch four models of iPhone 12 with the new A14 processor and geo-location AirTags trackers.

While we are living in uncertain times due to COVID-19, a survey conducted by electronics reseller Decluttr has found that 53 percent of the participants plan to buy the latest iPhone.

As per CNET report, Apple could also announce new over-ear headphones during the event. In September, Apple announced some major hardware upgrades for its gadgets in an online Apple event. In September, Apple announced a new Apple Watch, new iPads and Apple One subscription service.

Market analysts at Morgan Stanley have termed the Apple iPhone 12 launch as one of the most significant Apple events in years. And, the analysts at Morgan Stanley are expecting a lower price tag for iPhone 12 which could help Apple register much higher sales growth.