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These 5 Apple Suppliers Will Profit From the iPhone 12

These 5 Apple Suppliers Will Profit From the iPhone 12

Apple (NASDAQ: AAPL) recently unveiled the iPhone 12, and bullish analysts expect plenty of consumers to buy the new 5G devices. Wedbush analyst Daniel Ives declared the iPhone 12 would mark "the most significant product cycle for Cook & Co. since iPhone 6 in 2014" -- Apple's best-selling iPhone ever. Buying shares of Apple, which generated over half its revenue from iPhones in the first nine months of 2020, is the easiest way to profit from that upgrade cycle.