APPLE INSIDER

Apple’s success with the iPhone 12 and iPhone 12 Pro is continuing to exceed analyst expectations, with orders climbing by over 50% year-over-year.

The iPhone 12 has been praised repeatedly for being a high-seller by analysts and industry observers, making Apple the top smartphone seller in Q4 2020. According to an investor note from Cowen seen by AppleInsider, that high demand is translating into increased orders to the Apple supply chain.After discounting claims of “near-term trimming in builds,” Cowen has revised its iPhone build estimate for the March 2021 quarter upward for the fourth month in a row. While Cowen’s estimate was 55 million in January, it has risen by 2 million to 57 million units in the quarter.

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Source: APPLE INSIDER