Apple requires OEMs to produce at least 75 million iPhone 12 series phones this year

In March of this year, Apple’s stock price fell to US$224.37, but Apple’s market value has remained high since then, eventually breaking through US$2 trillion on August 20, and the stock price reached US$467.76.

People familiar with the capital market said that Apple’s share price has soared this year for two reasons. One is that the iPhone 12 series is the first iPhone that supports 5G, which will trigger a wave of super replacements; secondly, during the epidemic period, revenue still achieved an 11% increase compared to the same period, which made the outside world confident in Apple’s profitability.

Recently, Bloomberg reported that Apple is asking OEMs to prepare for the upcoming iPhone 12 series mobile phones, which will produce between 75 million and 80 million iPhone 12 series phones this year.

“Papercraft iPhone 11” by It’s Charlie is licensed under CC BY-NC-SA 2.0

This number is quite astonishing because none of its competitors’ flagship models can reach the same height, so Apple’s production plan is indeed very ambitious.

Of course, this news can not only increase Apple’s stock price but also increase the stock prices of its foundry manufacturers, because Apple allows these foundry companies to produce so many iPhones, which means that the future prospects of these foundry companies are good.

As soon as the news came out, the stock prices of many Apple suppliers, including lens supplier Largan Precision Co., increased. TSMC and LG Display each rose 2%, and Apple itself rose 2%.

Under the leadership of CEO Tim Cook, who has rich experience in supply chain management, Apple’s stock price has indeed been a surprise to us.