Analyst: Apple will product 55 million iPhones in the third quarter

In a note clients — as noted by AppleInsider — high demand for the iPhone 12 has caused Apple to increase its build orders for the March quarter, with sales in China said to be a highlight of the quarterly finances, Cowen analysts claim. 

The research group has upgraded it forecast for the March 21 quarter for the third month in a row. Cowen currently believes Apple intends to produce 55 million iPhone units, a 49% year-on-year increase for the quarter, and up from 51 million forecast by the firm one month ago.

the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.
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