Buy This Stock to Profit From Apple's Massive iPhone 12 Sales

While there are no official numbers, it appears that Apple's (NASDAQ: AAPL) latest iPhone 12 lineup is breaking records as far as sales are concerned. Wedbush Securities analyst Daniel Ives had pointed out last month that iPhone 12 preorders were tracking at double the rate of the iPhone 11. What's more, he also stated that Apple could ship close to 90 million units of the device by the end of the year given the initial sales response.