The iPhone 12 cycle is still going strong despite “weaker demand,” says the analyst

Demand for the iPhone 12 range is starting to decline, but investment bank JP Morgan is still tracking an increase in shipments year-over-year due to the adoption of 5G.

In a note to investors seen by AppleInsider, JP Morgan analyst Samik Chatterjee revised his iPhone shipping estimate for 2021 to 230 million units, down from about 236 million units. Despite this, Chatterjee notes that the number still represents a 13% increase in shipping volume from 2020.

The analyst cites a downward revision of JP Morgan’s iPhone Electronics Manufacturing Service (EMS) construction estimates, as well as recent channel checks in China suggesting weaker-than-expected smartphone demand in the country.

Revisions downwards …

Read more from source
Copyright @ appleinsider.com

News Highlights

  • According to this source The iPhone 12 cycle is still going strong despite “weaker demand,” says the analyst
  • Check the more updates related to Apple Tips and Apple news now.

I hope you love this news please Share your love by following us on Facebook and Twitter for the latest apple news informationon and updates like The iPhone 12 cycle is still going strong despite “weaker demand,” says the analyst

from our channels.

We will be happy to hear your thoughts

      Leave a Reply

      AppleiPhonestop - Apple iPhone News and Rumours All Day
      Logo
      Enable registration in settings - general
      Compare items
      • Laptops (0)
      Compare
      0