1 Move That Could Supercharge Apple's iPhone Revenue
Preorder trends suggest that Apple's (NASDAQ: AAPL) iPhone 14 lineup could turn out to be another successful smartphone flagship from the tech giant.
Delivery times for the latest iPhones have started extending already, even in price-conscious markets such as India and big smartphone markets such as China and the U.S. What's more, Apple has reportedly asked its suppliers to bump up production of the pricier iPhone 14 Pro and Pro Max models, a move that will improve the company's average selling price (ASP) and give its top line a nice boost.
Apple may be producing more units of the iPhone 14 in 2022, as compared to the 80 million units of the iPhone 13 that it made last year. Supply chain gossip suggests that the company may end up making 95 million iPhone 14 units this year. However, Apple may have missed a trick this time that could have helped it move more units of its latest iPhone lineup and helped it enter a fast-growing smartphone niche.
Source Fool.com
