AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple has informed partner suppliers that it has reduced iPhone 12 mini production plans for the first half of 2021, with manufacturing of some specialty parts suspended altogether, according to a report on Wednesday. Citing industry sources familiar with the matter, Nikkei reports major suppliers were recently informed of the production shift that marks a change in Apple's procurement strategy. Prior to the reported downward revision, the tech giant was aggressively buying semiconductors, printed circuit boards and displays amid a worldwide parts shortage. Apple is targeting output at around 75 million iPhone units for the first half of 2021, down 20% from December 2020, the report says. Much of that downgrade is blamed on iPhone 12 mini. Nikkei sources note … [Read more...] about Apple reportedly cuts iPhone 12 mini production amid tepid demand
Iphone 12
Apple shifts more production from iPhone 12 mini, to iPhone 12 Pro
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Industry reports say that Pegatron is seeing reduced orders for the iPhone 12 mini , while Apple has charged Foxconn with making more of the iPhone 12 Pro series. Despite recently expanding its manufacturing capacity, Pegatron was already facing a slowdown in orders from Apple over its alleged student labor violations. Now it has also seen a reduction in orders, with Apple reportedly requiring fewer of the iPhone 12 mini. According to Digitimes , Pegatron has seen a slowdown in orders for the smallest iPhone, blamed on the coronavirus affecting demand in the US and Europe. Citing unnamed market observers, Digitimes separately reports that Foxconn has received an increase in orders for its production of the iPhone 12 Pro and iPhone 12 Pro Max . … [Read more...] about Apple shifts more production from iPhone 12 mini, to iPhone 12 Pro
Morgan Stanley raises AAPL to $144 on iPhone 12 strength in China
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Morgan Stanley is "increasingly bullish" about the iPhone 12 cycle and has hiked the target Apple stock price, because of better-than-expected sales performance in China, stable build numbers, and other positive data. In a note to investor seen by AppleInsider , lead analyst Katy Huberty writes that the iPhone 12 is "surprising to the upside in China." The trend comes after months of supposed smartphone weakness in China. The analyst estimates that iPhone shipments are up around 40% year-over-year in China in the quarter to date. That's based on smartphone shipment information released by the Chinese government. Since it doesn't break out Android versus non-Android devices, the percentage of smartphones sold in China that are iPhones is an estimate. Total … [Read more...] about Morgan Stanley raises AAPL to $144 on iPhone 12 strength in China
Apple now displays iPhone and Mac repairability scores in France
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple this week posted repairability scores for flagship iPhone and Mac products in France, a measure mandated by the country's government in January. The listings, known as repair indexes, are now displayed on official Apple Store app purchase pages and on Apple's website, reports MacGeneration . Current-generation flagship devices including the iPhone 12 , iPhone 11 and iPhone SE series, as well as MacBook Pro and MacBook Air models, carry the informational mark designed to offer insight into a product's life cycle. Separately, Apple has posted a dedicated webpage on its French website with links to detailed repair index reports covering documentation; disassembly, access and tools; parts availability; parts pricing; and software and services support. … [Read more...] about Apple now displays iPhone and Mac repairability scores in France
iPhone demand weakness just ‘noise,’ outlook remains strong, analyst says
Investment bank Morgan Stanley calls recent reports of weaker iPhone demand "supply chain noise," and sees the AAPL pullback as a buying opportunity for investors. In a note to investors seen by AppleInsider , analyst Katy Huberty says she agrees with reports of iPhone 12 mini weakness, but adds that the overall demand environment remains positive for the iPhone 12 and iPhone 12 Pro lineup. For one, she cites reports that Apple is cutting iPhone production to 75 million units in the first half of 2021. Although Huberty admits this has contributed to recent AAPL underperformance, she says the news is "noise rather than anything that impacts the fundamental outlook." A recent Morgan Stanley check indicated that there's between three million and five million units of total iPhone build upside risk for the first half of 2021. That's because the bank's research indicates that build orders for specific iPhone 12 and iPhone 11 models are being revised up, not … [Read more...] about iPhone demand weakness just ‘noise,’ outlook remains strong, analyst says
Deals: M1 MacBook Pro discounted to $1,179, plus $60 off AppleCare
Exclusive Apple's 13-inch MacBook Pro with M1 is on sale right now with a $120 exclusive coupon discount on the standard configuration, plus $60 off AppleCare. Units are in stock and ready to ship out for fast delivery to your door. Exclusive M1 MacBook Pro deals Equipped with Apple's M1 system on a chip (SoC), the standard 13-inch MacBook Pro is now $120 off with exclusive promo code APINSIDER at Apple Authorized Reseller Adorama when you shop through this pricing link using the step-by-step instructions below. The $1,179 after coupon price is the lowest available on model MYD82LL/A with Apple's M1 chip, 8GB of memory and a 256GB SSD, beating B&H's $1,199 deal by $20. Amazon is also matching B&H's $1,199 price, although units are on backorder . AppleCare discounted too AppleCare is also discounted at Adorama, with the same APINSIDER coupon code knocking $60 off the extended protection plan when purchased with the system. This … [Read more...] about Deals: M1 MacBook Pro discounted to $1,179, plus $60 off AppleCare
Presidents Day Apple Pencil deal drops iPad Pro, Air accessory to $103
Holiday weekend sales continue to heat up, with Verizon's Apple Pencil 2 deal knocking $26 off the stylus in addition to free 2-day shipping. Apple Pencil markdown at Verizon You don't have to be a Verizon Wireless subscriber to take advantage of the company's Presidents Day promotion on the Apple Pencil (2nd Generation). This accessory, which is compatible with current iPad Air and iPad Pro models, is discounted to $103.99 with free 2-day shipping or in-store pickup. The $26 markdown offers shoppers the lowest price available on the gadget to unlock even more functionality in compatible iPad products. For even more holiday discounts, including exclusive deals on M1 Macs , be sure to check out the AppleInsider Apple Price Guide . Deals on Apple hardware If you find yourself needing a new piece of Apple hardware to utilize the accessory deals above, AppleInsider and Apple Authorized Resellers are also running exclusive … [Read more...] about Presidents Day Apple Pencil deal drops iPad Pro, Air accessory to $103
Recent Apple sell-off a ‘golden buying opportunity,’ analyst says
Investment bank Wedbush says that the recent Apple stock sell-off creates a "golden buying opportunity" for investors, and predicts that Apple still has a $3 trillion valuation on the horizon. In a note to investors seen by AppleInsider , lead Wedbush analyst Daniel Ives says the bank has added Apple to its "Best Ideas List." He says that, in the wake of a historic December quarter for Apple, Wall Street has been expecting modest cuts to 2021 iPhone forecasts. Despite that, the analyst says recent checks in Asia are continuing to come in bullish. He continues to predict that Apple could ship upwards of 230 million iPhone units during the year. That number is higher than the current Wall Street consensus of 220 million units. Based on the current trajectory, Ives says that Apple could sell north of 240 million units — with an "eye popping" 250 million units possibly in the cards. He adds that demand in China still looks strong coming out of the Chinese New Year. … [Read more...] about Recent Apple sell-off a ‘golden buying opportunity,’ analyst says
Wedbush raises AAPL price target to $175, expects ‘eye popping’ earnings
Wedbush has raised its Apple price target to $175 on expectations that the company will announce "eye popping" iPhone shipments and earnings for the December quarter. In a note to investors seen by AppleInsider , lead analyst Daniel Ives writes that recent Wedbush checks of Apple's supply give indicate that the " iPhone 12 supercycle hype has become a reality." The analyst believes that the Apple supply chain clocked iPhone builds in the low- to mid-90 millions. That's roughly a 35% increase from Ives' initial iPhone build forecast from 2020. Ives notes that Wall Street is currently modeling Apple 220 million iPhone units in 2021. Based on Apple's current trajectory, the analyst says that Apple has the potential to sell north of 240 million iPhone units during the year. In a bull case, he adds that a number near $250 million could be on the table. "Importantly, with our estimation that 350 million of 950 million iPhones worldwide are currently in the window of … [Read more...] about Wedbush raises AAPL price target to $175, expects ‘eye popping’ earnings
Kuo: Apple’s major product lines enjoy healthy demand in Q4, but AirPods shipments muted
TF Securities analyst Ming-Chi Kuo in a note to investors on Tuesday reported stronger than expected demand for the tech giant's major device lines, including high-end iPhone 12 Pro and iPhone 12 Pro Max models. According to a recent survey, demand for Apple's top-tier iPhone 12 models, the new iPad Air , Apple Watch Series 6 and SE , and M1 MacBook models is better than expected moving into the lucrative holiday season, Kuo said. The analyst references a number of previous predictions regarding future products, including new M1 MacBook Pro variants and " AirPods 3 ." The analyst is tracking positive momentum for Apple's important iPhone business despite lower than expected demand for iPhone 12 and 12 mini , with increased interest in the high-end iPhone 12 Pro and 12 Pro Max picking up the slack. Those trends should carry forward into the first half of 2021 and toward an anticipated refresh cycle next fall. Apple's iPad Air, which benefitted from a … [Read more...] about Kuo: Apple’s major product lines enjoy healthy demand in Q4, but AirPods shipments muted