iPhone 12 shipments will grow 38% during Q1 2021

According to forecasts by some analysts, shipments of the new iPhone 12 models will grow by 38% during Q1 2021.

Apple is experiencing strong demand for its iPhone 12 lineup and, according to some analysts, has increased its orders with assembly partners for the first quarter of 2021. The new report reveals that shipments could grow 38% year-on-year. year .

In a note to investors on the smartphone market as a whole, Cowen believes Apple is enjoying strong demand that will continue throughout the first quarter of 2021. Apple’s partners could assemble up to 51 million devices during Q1 2021. which represents a 38% increase year-on-year.

These changes largely consist of order increases for the iPhone 12, iPhone 12 Pro and iPhone 12 Pro Max, while shipping estimates for the iPhone 12 mini remain unchanged.

Part of this is due to strong demand in China where, according to Cowen’s data, the company sold over 6 million units in November alone . This translates into a market share of around 20% and a new multi-year high.

For the December quarter, Apple currently has a target of building 79 million units , up 13% year-on-year, with iPhone 12 models believed to account for 82% of orders.

As expected, the new iPhones 12 are enjoying tremendous success due in large part to 5G support, new design and OLED screen across all models in the line. Unexpectedly, the iPhone 12 struggles to take off.