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A new TrendForce report shows Apple saw a 19.7% year-over-year increase in iPhone production in Q1.
Apple's iPhone production grew 19.7% year-over-year in Q1 despite global declines.
KEY POINTS
- Apple produced approximately 60.2 million iPhones in Q1, trailing only Samsung’s 62.6 million.
- The iPhone 17e launch contributed significantly to Apple's outperformance in Q1 smartphone production.
- Apple maintained margins without raising prices, unlike many rivals facing rising memory costs.
- Global smartphone production is projected to decline 16.2% year-over-year by 2026 due to memory prices.
COMPANIES
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