According to Counterpoint Research's mobile handset Market Pulse Service, the series was able to achieve this feat in the seventh month after its launch, which is two months earlier than the iPhone 11 series.
The new generation of Apple mobile processors, the A14 bionic, contains a whopping 11.8 billion transistors, up 39 per cent from the A13's 8.5 billion units.
According to DigiTimes report, the delivery lead times for the pre-orders of the iPhone 12 devices in some countries and regions are still lasting for 2-3 weeks or even 3-4 weeks due to heavy bookings of related devices by telecom and channel operators.
The Galaxy S20 Plus, which was launched in February, took a revenue share of 9 percent in the global 5G smartphone market in the first half of the year, according to market researcher Strategy Analytics.
Apple has officially introduced MagSafe in iPhone 12 series phones, offering high-powered wireless charging and an all-new ecosystem of accessories that easily attach to iPhone.
"Kuo has an excellent track record predicting future Apple products and sales, so his reports carry extra weight, especially since Apple stopped reporting unit sales for the iPhone two years ago," reports CNBC.
Apple is set to announce its new line-up of iPhones on Tuesday and this will mark a significant moment in the rollout of 5G and will be an opportunity for Apple to have a large upgrade cycle.