Apple shares drop down 1.6 percent with the report claiming that the forthcoming iPhone will not support Gigabit LTE

Tech giant Apple iPhone is known to bunch the newest and supreme that the industry supply lines have to present to the company. Further, the company is also popular to pack parts that are unique and custom made for the iPhone. Though, regardless of the customary drift and the buildup situation the upcoming iPhone, a Bloomberg report recently said that the forthcoming smartphone from Apple will fail to spot on the ‘higher-speed data links’.

This fundamentally gives a proof that the upcoming iPhone will not hold up the ‘gigabit’ speeds that telecom giants in the United States are supporting. Well, according to the report, AT&T, Verizon, and other telecom companies have improved their networks to facilitate users to download about one gigabit of data in one second of a time. Aalos as per the current average speeds on wireless networks, this speed is about 100 times faster than the maximum obtainable by prior generations. The lack of support will push back the data and connectivity performance for iPhone while comparing it with the most recent that the competition has to offer.

As per the reports, the motive for is detailed as the way Apple manages its supply lines. The company sources its modems, the component in the smartphone that connects the smartphone to the cellular network, from Qualcomm and Intel. Qualcomm is ready with the ‘Gigabit’ download speed support in its modem. On the other hand, Intel is working on its modems to add the ‘gigabit’ download speeds. But the company will take some time and it will not be ready for the launch of the upcoming iPhone.

However, the buzz surely wasn’t ignored in the technology industry as immediately Apple shares fell 1.6 percent to $152.56. The company could only of with Qualcomm but the relationship between the two is not perfect with the difference of payment of royalties expected to haul on for a while. One thing to note here is that Apple has not subjected any official statements concerning the upcoming iPhone or the gossip surrounding specs.