Most expensive iPhone 12 model could help Apple reach alleged goal of 80 million shipments in 2020

Investment bank Wedbush's lead analyst Daniel Ives is still confident about his supercycle , reports .

According to a note to investors, the bank has seen an "across the board" increase in production as well as pent-up demand for the new iPhones.

This is in line with a which claims that  is expecting iPhone 12 shipments to reach 80 million units this year and has asked suppliers to prepare accordingly. In comparison, the company had apparently instructed suppliers to make components for 75 million phones in 2019 and 2018.

Ives has backed that ...