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Chronicles

The story behind the story

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Sources: Apple tells its assemblers to make 90M of its newest iPhones, on par with 2021; IDC expects the smartphone market to shrink 3.5% in 2022

Apple Inc. has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021, counting on an affluent clientele …

Bloomberg Debby Wu

Context & Ripple Effects

Apple’s new-device production planning had already stepped up from preparations for up to 75M new iPhones in 2019 to a 90M-unit supplier request in 2021. Maintaining that level now sets Apple apart from IDC’s projected contraction for the overall smartphone market.

The decision makes Apple’s order schedule a meaningful demand signal for its assemblers and suppliers, rather than a simple read-through on sector-wide handset forecasts.

First-order effects

  • Apple’s assemblers must plan for a 90M-unit build of its next-generation iPhones, matching the prior year’s target.
  • Apple preserves its planned iPhone volume despite IDC’s forecast that the broader smartphone market will shrink 3.5% in 2022.

Second-order effects

  • Apple suppliers receive a steadier demand signal from the iPhone program than the broader handset outlook implies, allowing their planning to remain tied to Apple’s target.
  • The contrast raises the importance of Apple’s affluent customer base to its supply chain, as the company is relying on that segment while overall market projections deteriorate.

Third-order effects

  • If Apple can repeatedly sustain large launch orders through weaker handset conditions, leading-device supply chains will become more dependent on a small number of premium-volume programs rather than aggregate smartphone demand.
  • The pattern points to a handset market in which production commitments increasingly diverge by customer segment, with premium buyers providing relative support during downturns.

The trend: Premium smartphone demand is becoming a more important buffer for major device supply chains when the overall handset market contracts.