The smartphone industry is recovering from COVID-19 production slumps, although …

The smartphone industry is recovering from COVID-19 production slumps, although Cowen analysts suggest smartphone demand is still uncertain and Apple’s flagship iPhones could launch a month or two later than usual.⁣⠀⠀⠀⠀⠀⠀⠀⠀⠀
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Nichtresearch note tracking smartphone build numbers seen by AppleInsider, analyst Krish Sankar says that builds at the top six smartphone manufacturers are trending slightly better than previously expected.⁣⠀⠀⠀⠀⠀⠀⠀⠀⠀
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Apple’s build forecasts for the June quarter remains unchanged at 35 million units, Sankar writes. That’s a 5% decline quarter-over-quarter and a 13% slump from the year prior.⁣⠀⠀⠀⠀⠀⠀⠀⠀⠀
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The analyst adds that the “production supply chain has by and large recovered to normal output rates,” but downstream demand is still uncertain. Cowen forecasts that Apple will ship 30 million iPhone units in the second quarter.⁣⠀⠀⠀⠀⠀⠀⠀⠀⠀
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4 thoughts on “The smartphone industry is recovering from COVID-19 production slumps, although …”

  1. 🙏👏👏 @appleinsider_official there’s a last information about the date to release of IPHONE 12…

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