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

July 23, 2020

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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