Daily reviews

01.09.2020

Apple preparing 75 million 5G iPhones

news

Apple stocks climbed to fresh all-time highs and finished 3.39% higher on Monday

Stocks impacted: Apple Inc (AAPL)

In the midst of the global pandemic, demand for Appleā€™s most important product is holding up. Against this backdrop, the company has asked suppliers to build at least 75 million 5G iPhones for later this year, along with new Apple Watch models, a new iPad Air and a smaller HomePod. As the giant expects, shipments of these next-generation iPhones will reach as high as 80 million units this year. As a reminder, Apple plans to launch four new iPhone models next month with 5G wireless speeds. Apple stocks climbed to fresh all-time highs and finished 3.39% higher on Monday, after a split 4-for-1 that was the fifth one since Apple became a publicly traded company forty years ago.

Make profit on it right now!