We sometimes forget it, but Apple does not manufacture its products itself. This task is entrusted to service providers. And the Cupertino company's main partner is the Taiwanese company Foxconn or Hon Hai Precision Industry. When Apple's products sell well, Foxconn also has excellent balance sheets.
Recently, this company, which assembles the iPhone, announced its results for the second quarter of 2021. And during this period, Foxconn experienced a 20% increase in revenue. These were $48.7 billion.
According to Bloomberg, this increase in Foxconn's revenues is attributed to strong demand for products from Apple and other customer companies. More precisely, Foxconn would have benefited from an increase in demand for the iPhone, for consoles and for servers.
The iPhone 12: a supercycle!
As you probably already know, Apple doesn't report its iPhone sales by quarter. Nevertheless, numerous elements (including this increase in Foxconn's revenues) show thatiPhone 12made a hit.
Moreover, we are even talking about a supercycle, similar to the one we observed after the launch of the iPhone 6, thanks to the arrival of 5G. Moreover, a few days ago, we relayed a publication from the company Counteroint indicating that the iPhone 12 would have exceeded 100 million units sold in April, i.e. 7 months after the launch.
If these estimates are correct, this would mean that the iPhone 12 is selling as well as the iPhone 6 after its launch in 2015. And furthermore, for the iPhone 11 to reach 100 million units sold, it was necessary wait two more months after launch.
“The series achieved this feat in the seventh month after its launch, two months earlier than the iPhone 11 series and almost the same as the iPhone 6 series which helped Apple achieve its first dawn volume super-cycle of 4G. With the iPhone 12 series, Apple achieved another super volume cycle after six generations of iPhone and at the dawn of the 5G transition », aCounterpoint said in its report.
Furthermore, these indicators of the success of the iPhone 12 are accumulating while Apple is already preparing the launch of the next generation. For several months, the media have regularly reportedrumors about the iPhone 13.
A priori, the design will be almost identical. However, Apple has planned many improvements, such as new cameras, a better wireless charging system with MageSafe, or even the use of 120 Hz screens which will allow for smoother animations.
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By : Keleops AG
