Higher iPhone 16 builds raise hopes for Apple's holiday season

Higher iPhone 16 builds raise hopes for Apple's holiday season

AppleInsider

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Morgan Stanley analysts have raised their iPhone 16 build estimates, signaling stronger than expected demand heading into Apple's September quarter.

Renders of the iPhone 17 - Image Credit: AppleInsider

Morgan Stanley's Greater China Technology Hardware team revised September quarter iPhone builds up 8%, from 50 million to 54 million units. The report claims that the increase comes entirely from the iPhone 16 and iPhone 16 Pro Max, with 2 million more units added to each.

Stronger June quarter sell-through cut iPhone channel inventory below normal levels, opening room for restocking. Morgan Stanley already factored this in, forecasting 55 million September shipments.Continue Reading on AppleInsider | Discuss on our Forums

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