The iPhone 12 series is still strong despite weaker demand, says analyst JP Morgan

Quarterly shipments of Apple’s iPhone 12 series continue to enjoy a year-over-year increase despite weakening demand for the devices, according to JP Morgan analyst Samik Chatterjee (via AppleInsider).

In an investor note from the analyst, Chatterjee reduced its iPhone shipping expectations for 2021 from 236 million units to 230 million units, but noted that this number was still equivalent to an overall increase of 13%. of volume shipments for Apple compared to 2020.

Chatterjee’s revised expectations are based on a significant cut in iPhone 12 Pro shipments and weaker-than-expected demand for the iPhone 12 mini, both of which cause the bank to “take note of a weaker demand environment” . Chatterjee

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