Due to the success of the iPhone 12 lineup, Apple could sell a record-breaking 240 million iPhones this year.
As reported by MacRumors, Wedbush analyst Dan Ives has released a new research note that says the company is on the path to selling between 240-250 million iPhones for its 2021 fiscal year. Doing so would smash its previous record of 231 million iPhones sold back in 2015 after the company announced the iPhone 6.
Ives said that, while Wall Street is generally anticipating 220 iPhones sold for the 2021 fiscal year, their firm remains bullish that Apple could blow past that number.
Ives estimates that 350 million iPhone users worldwide are currently “in the window of an upgrade opportunity,” which he believes is “translating into an unprecedented supercycle upgrade cycle” for Apple this year.
Apple has seen enormous success with the iPhone 12 lineup. A recent report from CIRP estimated that the new iPhone lineup already made up more than 50% of iPhone sales in the first quarter of 2021.
That sales streak is also expected to continue through the release of the iPhone 13 this fall.
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