Peak iPhone? If the latest supply chain report is to be trusted, the Cupertino firm doesn't envision iPhone sales tapering off anytime soon, at least not this year. Barron's said Monday, citing a report in the Taiwanese publication Economic Daily Times, that Apple has now asked its contract manufacturers and Asian suppliers to prepare for a much higher-than-expected iPhone 7 production volume in 2016.
Instead of ordering about 65 million handsets, which would have been in line with what Wall Street had been predicting, Apple needs between 72-78 million units of the new iPhone produced this year.