Despite a looming economic slowdown, Apple plans to manufacture at least as many devices as it did in 2021, suggesting it expects iPhone demand to remain unaffected.

Whilst its target for the iPhone 13 was initially 75 million units, in line with initial runs of previous iPhones, demand coming out of global pandemic restrictions saw the Cupertino based tech company increase that number to 90 million during 2021. The company saw record sales and profits that fiscal year.

According to sources close to the matter, Apple plans to make 90 million of its new iPhone 14 range and expects to make around 220 million iPhone units this year, roughly the same as last year.

Hon Hai Precision Industry Co., the largest manufacturer of iPhones worldwide said that Apple’s sales numbers should remain largely unchanged, suggesting that Apple is confident in it’s projections. Apple declined to comment on the matter when contacted by Bloomberg.

Demand for smartphones and other technology is falling due to an economic decline worldwide. The International Data Corporation (IDC) found that for the June quarter, smartphone demand fell 9 percent, and will fall 3.5 percent this year.

Apple, however, expects that it’s loyal customer base will maintain demand for the latest devices in its line-up, and that pressure from competition has fallen with the sharp decline of Chinese brand Huawei.

As confident as Apple is with their new devices, the company is preparing itself for a period of global economic and geopolitical instability. The company announced it would be slowing its hiring process and cut spending in other areas over 2023.

Apple’s new range, which is expected to launch in September, will include four new iPhones, with the standard iPhone 14, iPhone 14 Pro, iPhone 14 Max and iPhone 14 Pro Max.

For the first time, Apple will be fitting a 48MP camera to their iPhone 14 Pro models, alongside an improved selfie camera, a faster A16 chipset, a pill shaped cutout for Face ID to replace the iPhone 13’s notch and thinner bezels.