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Smartphone demand continues to improve ahead of ‘iPhone 12’ launch

July 23, 2020

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Cowen’s iPhone build forecasts remained unchanged in July, though smartphone demand generally is continuing to improve from COVID-19 impacts as Apple shifts its focus to the “iPhone 12.”

In a note to investors seen by AppleInsider, lead analyst Krish Sankar said that Apple’s iPhone builds finished out the June quarter at 35 million units. That’s a 12% decrease year-over-year and a 5% decrease from the previous quarter.

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