Apple Resuming Smartphone Production Better Than Rivals

Apple Resuming Smartphone Production Better Than Rivals

While iPhone sales will inevitably be affected by the coronavirus epidemic, Apple is resuming smartphone production at a faster rate than many of its major competitors. This is according to a note to investors that Compsmag has seen.

Cowen analysts expect global smartphone construction to decline 17% year over year in the second quarter. While this is a 4% increase in units in terms of consecutive quarters, it would be even worse than the 15% year-over-year decline in the first quarter. For Apple especially, it will decline, but not at the same level. Cowen projects iPhone will build in the second quarter will hit 35 million units, down 5% year-on-year and down 13% year-on-year, while those Android versions will drop 18% year-on-year. year on year #.. “With the current state of the global economy, supply and demand for iPhone units may continue to fluctuate in the coming months,” Cowen writes. The cabinet shows how Foxconn staff has “largely recovered from the discontinuation of COVID-19 in late March,” helping to better understand Apple’s numbers.

See: Apple resumes smartphone production better than that of competitors

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