Apple has asked suppliers to build at least 75 million 5G iPhones for later this year, along with new Watch models, a new iPad Air, and a smaller HomePod, Bloomberg News reported on Tuesday. The company expects shipments of these next-generation iPhones to reach as high as 80 million units in 2020, the report said, citing people familiar with the matter. Apple is also preparing to launch a new iPad Air with an edge-to-edge iPad Pro-like screen, two new Apple Watch versions, and its first over-ear headphones outside the Beats brand, according to the report. Recently, the smartphone giant also became the first publicly listed US company with a $1 trillion stock market value, the iPhone maker has now topped $2 trillion. Apple surprised Wall Street as it was able to get loyal shoppers to buy iPhones, iPads, and Macs online even as several brick-and-mortar stores remained closed due to the coronavirus lockdowns. Started in the garage of co-founder Steve Jobs in 1976, Apple has pushed its revenue beyond the economic outputs of Portugal, Peru, and other countries.