Will Apple's iPhone net sales be higher in FY 2021 than FY 2019?
Apple's iPhone net sales have fluctuated over the years, and as of October 2020 Apple has begun to sell the new iPhone 12 and its variants (Apple). Industry analysts speculate whether 5G capability will bolster declining iPhone sales or if the pandemic's global impact on supply chains and expendable income will hinder iPhone sales (9 to 5 Mac, ABS-CBN). Apple Inc.'s Fiscal Year (FY) annual report for 2021 is expected by early November 2021 at https://investor.apple.com/investor-relations/default.aspx under the "Annual Reports on Form 10-K" section. For FY 2020, Apple reported net iPhone sales of $137.781 billion, compared to $142.381 billion in FY 2019 (Apple 10-K (2020), see page 21).