Supply chain seeing stronger than expected iPhone 12 holiday quarter demand

Earnings and other data from Apple’s supply chain suggests that demand for the iPhone 12 and iPhone 12 Pro is much stronger than expected, according to Morgan Stanley.
Credit: Andrew O’Hara, AppleInsider

In a note to investors seen by AppleInsider, analyst Katy Huberty points out that Apple’s U.S. suppliers reported stronger than expected revenue and earnings in the past week, which is a sign of strong supply chain orders.

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