Apple's iPhone 7 Chip Orders Are Higher Than Expected

Chip orders placed by Apple for the iPhone 7 are higher than previously estimated, according to a DigiTimes report. However, they are still 15-20% lower than those for the iPhone 6s, claim sources.

Apple has set a goal of having had its manufacturing partners make nearly 100 million iPhone 7 devices by the end of 2016, higher than its suppliers' earlier prediction of 80-85 million units, the sources indicated. Actual demand for the iPhone 7 is expected to become clear after mid October, the sources said.

Unfortunately, Apple has announced that it will not be providing opening weekend sales data; however, T-Mobile has revealed that the iPhone 7 has already smashed records with pre-orders four times higher than the iPhone 6.


Read More