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A new report from William Yang of JP Morgan claims that Apple’s supply chain may stop manufacturing the iPhone 12 mini next quarter.
From AppleInsider:
Predicted higher build figures for Apple’s “iPhone 13” range.
In a note to investors seen by AppleInsider, JP Morgan supply chain analyst William Yang changes some of his forecast for the current iPhone 12 lineup and the next iPhone series expected in the second half from 2021.
The report claims that Yang believes Apple will manufacture a much higher percentage of iPhone 12 Pro Max and iPhone 12 Pro devices, as well as the iPhone 11 than expected. Yang revised the build numbers to 11 million, 2 million and 8 million units respectively. Yang, however, lowered expectations for the iPhone 12 and 12 mini by 9 million and 11 million:
It also lowered expectations for the number of versions of the iPhone 12 and iPhone 12 mini by 9 million and 11 million, respectively. Yang notes that given the seemingly weak demand for the iPhone 12 mini, the supply chain may stop producing it by the second quarter of 2021.
There is no indication or reason to believe that Apple would stop selling the iPhone 12 mini or marketing the phone for the remainder of its life. On the contrary, it looks like Apple just can’t move the stock it already has, eliminating the need to do more.
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The news follows numerous recent reports that Apple’s iPhone 12 mini is the least popular iPhone 12, accounting for just 6% of sales. One report noted that “weaker-than-expected” demand prompted Apple to shift production efforts to its other models, echoing that report.
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Keep This iPhone 12 Safe While You’re Down
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