More evidence of better-than-expected iPhone 12 demand as Foxconn beats revenue expectations

A report last month suggested that Apple was taken by surprise by better-than-expected iPhone 12 demand, boosting 2021 production plans by between 20% and 30% – and supporting evidence continues to accumulate.
Counterpoint found that the iPhone 12 was the world’s best-selling 5G phone, Qualcomm’s dramatic boost in Q3 2020 revenue was largely credited to the new iPhone lineup, and other supply-chain sources pointed to reality matching the supercycle hype. Today, record revenues for primary iPhone supplier Foxconn adds to the weight of evidence …
more…
The post More evidence of better-than-expected iPhone 12 demand as Foxconn beats revenue expectations appeared first on 9to5Mac.
Go to Source
Author: Ben Lovejoy