Apple ups iPhone orders by 10% year-over-year on AI forecast.





TLDR:

  • Apple is ordering over 10% more iPhones than last year in preparation for the release of their first AI-equipped phones.
  • The tech giant has asked suppliers to prepare components for around 88-90 million smartphones, compared to last year’s initial order of 80 million.

Apple is gearing up for the launch of their first AI-equipped iPhones by ordering a significant increase in production. According to sources familiar with the plan, the company has instructed suppliers to prepare components for approximately 88-90 million smartphones, marking a more than 10% increase from last year’s initial orders for around 80 million new iPhones. This move indicates Apple’s confidence in the success of their new AI technology and the anticipated demand from customers.