Apple rises after report says there's an unexpected surge in iPhone 11 demand

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Apple rises after report says there's an unexpected surge in iPhone 11 demand
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The Nikkei Asian Review reported that Apple has asked suppliers to increase production of its iPhone 11 models.

reported the company is increasing production of the iPhone 11 models by as much as 10%.

The surge in production is being driven by better-than-expected demand for the new handsets, Nikkei reported, citing sources close to the situation. Apple bumped up orders for the $699 iPhone 11 and the $999 iPhone 11 Pro, while the company is cutting back on orders for the iPhone 11 Pro Max, which starts at $1,099.

Suppliers said demand is strong "for now," but warned that the surge might not last, the Nikkei said.with German newspaper Bild that iPhone 11 sales appear to be off to a "very strong start." While he didn't share any specific sales figures, Cook said he "could not be happier" with the iPhone 11 launch.about sales of the new iPhones. In a note on Monday, J.P.

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