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Apple preparing to make 75 million 5G iPhones later this year in bullish sign

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SAN FRANCISCO (BLOOMBERG) - Apple has asked suppliers to build at least 75 million 5G iPhones for later this year, roughly in line with last year's launch, in a sign that demand for the company's most important product is holding up in the midst of the global pandemic and recession.. Read more at straitstimes.com.

SAN FRANCISCO - Apple has asked suppliers to build at least 75 million 5G iPhones for later this year, roughly in line with last year's launch, in a sign that demand for the company's most important product is holding up in the midst of the global pandemic and recession.

Apple and its manufacturing partners always ramp up production ahead of the rollout of new iPhones each fall. In the summer of 2019, suppliers were preparing to make components for as many as 75 million handsets. The target in 2018 was similar, so this year's goal of 75 million to 80 million units is a bullish sign.

All of the new smartphones will have updated designs with squared edges similar to the iPad Pro, and the high-end phones will continue to use stainless steel edges versus aluminum sides on the cheaper variants. The company is also planning a dark blue color option on the Pro models to replace the Midnight Green of 2019's iPhone 11 Pro line.

Source: News Formal (newsformal.com)

 

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