Apple expects to sell 90 million new iPhones despite market slump

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Apple expects to sell 90 million new iPhones despite market downturn

the stronger demand for Apple’s new lineup stems from a customer base still willing to spend on premium gadgets, the people said.Hon Hai Precision Industry Co., which puts together most of the world’s iPhones, hinted at Apple’s resilience when itthis week that sales of its smart consumer electronics products should be little changed in 2022. A representative for Apple declined to comment.

This week, a cooler-than-anticipated US inflation reading buoyed hopes that interest rate hikes won’t be as aggressive as though. But market observers cautioned the economic outlook remainedBut Apple’s soldiering ahead with plans for its marquee device, which accounts for about half of if its revenue and is the main gateway to profitable services.

The iPhone 14 Pro models are expected to include a much-improved front-facing camera, a new rear-camera system that includes a 48-megapixel sensor, thinner bezels, a faster A16 chip, and a redesigned notch with a pill-shaped cutout for Face ID and a hole punch for the camera.

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