Despite COVID-19, Apple’s iPhone production is up over last year

In a new research note to clients, UBS analyst Timothy Arcuri reports that, despite the COVID-19 coronavirus outbreak, Apple’s iPhone production is up YOY with the company having built about 36 million units in Q1, a 4 percent increase in iPhone production versus the first calendar quarter of 2019 according to UBS numbers.
Apple’s current generation iPhone 11 Pro and iPhone 11 Pro Max feature the toughest glass ever in a smartphone and are rated IP68 for water resistance up to 4 mete