Apple is mulling to make 116 million iPhones in the first half of the fiscal year 2020, according to a recent estimate by Cohen & Company Inc. analyst Krish Sankar.
A note to investors by Cohen’s Sankar estimates that Apple produced 70 million iPhones for the holiday quarter. Of those 70 million, the iPhone 11 and iPhone 11 Pro models accounted for 74 percent, or about 52 million.
For the first calendar quarter of 2020, Apple is predicted to build 46 million iPhones of varying models, up 12 percent year-over-year. In that 46 million are six million “iPhone SE 2” units that Sankar estimates will sell for about $475 each, AppleInsider reported on Monday.