Thursday, September 28, 2023
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Analyst: Apple could have ‘blockbuster quarter’ with nearly 80 million iPhones produced

In a note to investors — as noted by AppleInsider— investment bank Cowen says it’s tracking even stronger demand for the iPhone 12 lineup than expected and predicts Apple could have a blockbuster holiday quarter with nearly 80 million iPhones produced.

Cowen analyst Krish Sankar has raised his December quarter iPhone build expectations to 79 million, up from 76 million in the previous month, based on strong initial demand for the iPhone 12 and iPhone 12 Pro models. A build number of 79 million iPhones in the December quarter would represent a 13% increase year-over-year, the analyst added.

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.