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.
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iPad sales are expected to grow by double digits this year.
The global smartphone market grew by 6% year-over-year (YoY) to reach 296.9 million unit shipments…