Monday, November 4, 2024
iPhoneNews

Production for upcoming iPhone 16 lineup projected to surpass 86 million units

Indonesia is blocking the sale of the iPhone line-up, saying Apple didn’t comply with local content regulations aimed at boosting domestic industry, reports the South China Morning Post.

Apple, which ranked second in global smartphone market share, manufactured around 44.1 million smartphones in the second quarter. 

This figure represents an 8% decline from the previous quarter but shows a 5% year-over-year increase, reports TrendForce. The uptick is largely due to proactive inventory stocking in anticipation of the 618 shopping festival in China, according to the research group.

“The company’s strategy of reducing prices in the Chinese market has been successful and is likely to drive production in the third quarter,” says TrendForce. “Apple is also gearing up to unveil four new models in September, with production for these upcoming devices in 2024 projected to surpass 86 million units—an almost 8% jump from the previous year.”

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Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.