iPhone is the best-selling smartphone globally in the fourth quarter of 2020

The Apple iPhone 12 Pro Max is unveiled during the launch of a virtual product seen on a laptop in … [+] Tiskilwa, Illinois, USA, Tuesday October 13, 2020 .. Photographer: Daniel Acker / Bloomberg

© 2020 Bloomberg Finance LP

When Apple announced that, as expected, its iPhone 12 line would support the next-generation 5G wireless data standard, analysts expected the company to experiment with what is called an “upgrade supercycle,” in which the pent-up demand for the smartphone would be unleashed, giving it a huge increase in sales.

These expectations appear to have been met. Gartner reports that Apple’s iPhone sales increased in the last quarter of …

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