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Apple expected to set a major new iPhone sales record next year

December 17, 2020

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Wedbush analyst Daniel Ives wrote a note to investors that was given the once over by AppleInsider. Ives said that based on orders that Apple has given to its supply chain, the current uptrend for iPhone 12 shipments is even more bullish than Wedbush’s previous positive outlook. According to Ives, Apple hasn’t had a “launch uptrend such as this in a number of years.” The closest has been the launch of the iPhone 6 in 2014.

In a note to investors, Ives said that “The last few days our TMT team conducted our Asia supply chain checks for iPhones which were incrementally bullish around iPhone 12 5G demand and have now exceeded even our ‘bull case scenario’ for units in FY21 given the current trajectory.”

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