Daniel Ives, an analyst at Wedbush, said that despite chip shortages across the industry, Apple sold 40 million iPhone 13s during the holiday season, a record high for the company.
Ives said in an investor report that into 2022, the iPhone is still in a strong demand cycle, with demand exceeding supply by millions in the December quarter, which is a positive signal for Apple. Based on our supply chain checks over the past few weeks, we believe that Apple's demand in the December quarter exceeded supply by about 12 million units, which will bring benefits to Apple in the March and June quarters as supply chain issues ease.
Ives mentioned that China has been Apple's main source of market power for the past 12 months and a key region for iPhone sales, with the iPhone 12 and iPhone 13 bringing a "super cycle" in China, allowing for a rapid increase in market share.
What to buy for the Spring Festival gift in the Year of the Tiger?
iPhone 13
And the iPhone 13mini Tiger Year special Chinese red color matching on the shelves.
Apple's Year of the Tiger special headphones Airpods Pro and Beats Studio Buds are on the shelves.
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