Healthy demand suggests iPhone 12 ‘supercycle’ is underway, analyst says

The iPhone 12 and iPhone 12 Pro “supercycle” is currently underway for Apple, according to supply checks carried out by investment firm Wedbush.
Credit: Andrew O’Hara, AppleInsider

In a note to investors seen by AppleInsider, Wedbush analyst Daniel Ives says that recent Asia checks have been “incrementally bullish” around iPhone 12 demand in the U.S. and in China. Ives is currently predicting that Apple suppliers will ship 80 million iPhone 12 units in the initial launch period, with sales just less than 90 million possible, but on the outside edge of the prediction model.

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