Analysts at investment bank JPMorgan Chase have published a forecast for the future of the iPhone 12 smartphone line,
What to expect
Let us remind you that the youngest in the line is the iPhoneThe 12 mini is Apple's smallest and cheapest 5G smartphone. Despite this, it's not in demand: according to JPMorgan Chase, it accounts for only 6% of shipments. And that's the worst performance of all four iPhone 12s.
As a result, Apple is expected to have to cut iPhone 12 mini production by 11 million units. The iPhone 12 will also be cut by 9 million units.
Moreover, analysts say that due to weakmarket demand and low global sales in the second quarter of 2021, Apple will stop selling the iPhone 12 mini altogether. If this information is confirmed, the smartphone will become one of the company's shortest-lived products.
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