Apple 'to make 96 million iPhones in the first six months of 2021'  

Apple CEO Tim Cook: iPhone revenue is expected to hit €48.6bn in the first quarter of next year.

Apple plans to manufacture up to 96m iPhones in the first half of 2021, a nearly 30% year-on-year increase owing to strong demand for its 5G handsets. 

It has asked suppliers to produce about 95m to 96m iPhones, including the latest iPhone 12 range as well as older iPhone 11 and SE models, but an industrywide shortage of key components could threaten the target, according to a report by Nikkei.