According to production estimates published by Cowen, Apple is going to ramp up production of iPhones to take advantage of US-Huawei trade ban. However, the increase in production is going to be rather modest.

Initial production estimates show around 39 million shipments and the new plan is to produce 40 million units. This is because Apple is seeing increased demands in some markets. About 30 million devices are iPhone XS, XS Max and XR with the rest of the 10 million spread across iPhone 7 and iPhone 8.

But despite Huawei’s ban, analysts warn that the company faces big risks in…

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