iPhone 12 supercycle: analyst says ‘reality is matching the hype’

There was much talk about an iPhone 12 supercycle – a year in which dramatically more people than usual upgrade to the latest models. Apple’s adoption of 5G was said to be the likely driver of the extra sales, and one firm of analysts says that this is happening on an almost unprecedented scale.

The last true supercycle was in 2014, when Apple finally moved to larger displays, tapping into strong pent-up demand. The big question was whether sales of the iPhone 12 could match the pre-launch hype, and Wedbush believes that the answer is yes…

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