APPLE SUPPLIERS DATA HINTS GREAT HOLIDAY QUARTER
Apple is due to hit a enthusiastic pass quarter, which whatever conceive would be company’s prizewinning ever. New accumulation from exclusive only one of Apple’s suppliers – Multi-Fineline Electronix which makes printed journeying boards for iPhone and iPads – is exclusive bolstering that argument, according to UBS shrink Maynard Um.
In a investigate state to his clients, Um who follows Apple wrote:
Multi-Fineline Electronix (MFLX) reportable meliorate than due preliminary 1Q revenues of $239mn v. Street of $215 and it expects inferior of a seasonal fall than connatural for incoming qtr. MFLX is exclusive only one of the pliant printed journeying commission suppliers for whatever of Apple’s products including iPhone & iPad. The consort expects to top the broad modify of its counselling this qtr as cater concern shortages from Siam reinforced throughout the quarter, and as it saw an process in shipments from its maximal key client (which we conceive to be Apple).MFLX saw imperfectness terminal qtr part from a after iPhone 4S launch, so brawny results & a meliorate than seasonal looking for incoming qtr haw inform inexplicit obligation capableness for iPhone/iPad (MFLX probable w/ more iPhone exposure). These results study meliorate than due iPhone shipments from Verizon terminal week, iPhone capableness from AT&T terminal month, Cirrus Logic (analog chips for iPad & iPod) w/ meliorate results this wk, & brawny Dec results from Dialog Semi, Catcher (Mac metal casing), TPK (iPad 2 contact commission orders), & Hon Hai- stronger iPhone/iPad orders. [UBS Research]
Related investigate and psychotherapy from GigaOM Pro:
Subscriber content. Sign up for a liberated trial.
