Toward the end of last week, we told you that securities firm sometime during the second quarter (which runs from April-June). William Yang, J.P. Morgan’s supply chain analyst, cut his estimate of iPhone 12 mini production by 11 million units. That happens to be the same number of additional iPhone 12 Pro Max handsets that Apple has ordered, according to various estimates. Yang added that “The product mix adjustment is well expected by investors and should not be a negative surprise.”
Consumers are voting with their wallets and purses: small is out. According to Counterpoint … Read more
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