JP Morgan Analyst Predicts More iPhone 12 Pros, Less iPhone 12 Minis
Apple may build more iPhone 12 Pro Units in the latter half of 2021, a JP Morgan supply chain analyst has predicted.
AppleInsider spotted a note to investors by analyst William Yang, which contained revisions of JP Morgan’s forecasts for the iPhone build plan in 2021. In the revised forecasts, Yang predicted that more iPhone 12 Pro Max, iPhone 12 Pro, and iPhone 11 will be coming in the latter half of 2021, with the analyst increasing the devices’ build numbers by 11 million units, 2 million units, and 8 million units respectively.
Conversely, Yang reduced the build number forecast for the iPhone 12 and iPhone 12 mini by 9 million and 11 million respectively. He also noted that the supply chain may stop iPhone 12 mini production by Q2 2021 due to weak demand.
The low demand for the iPhone 12 mini was also noted by analysis firm Counterpoint. Reuters reported the firm as saying that the iPhone 12 mini only made up 5% of overall sales of Apple’s new phones in the US during the first half of January.
AppleInsider also reported that Yang believes that four new devices will be launched by Apple in the second half of the year. In the meantime, it looks like the non-mini iPhone 12s will continue to be Apple’s stars. In a February 3 report, Counterpoint predicted that the iPhone 12 Pro may be Apple’s “volume driver in the long run” and wrote that the Pro and Pro Max “have performed above expectations, driving ASPs”.