Apple Inc is planning to launch three iPhone models with new camera features this year.
According to reports in the Wall Street Journal, the most expensive of the new models will have three rear cameras, and the other models will have two.
The new iPhones will succeed the XR model, which according to Apple, has sold poorly in China – the world’s second-largest economy. Several electronics retailers in China slashed iPhone prices this week.
Last week, Apple issued its first revenue warning in nearly 12 years, sending its shares down 10 per cent, their biggest intra-day fall in six years.
According to the report, Apple plans to continue with LCD model as the device has been in the production pipeline for months, but will switch to the organic light-emitting diode (OLED) display for iPhones in 2020.