China driving stronger year-over-year iPhone 13 demand, analyst says

Investment bank Wedbush believes that iPhone 13 orders are about 20% ahead of the company’s previous iPhone 12 lineup, driven in part by strong demand in China.

Credit: AppleCredit: Apple

In a note to investors seen by AppleInsider, lead Wedbush analyst Daniel Ives says that iPhone 13 demand looks “robust out of the gates,” with pre-orders in China leading the way in 2021. He notes that pre-orders in China have approached the 5 million or 6 million mark.

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