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 Apple's Product Lineup Overhaul Causes Supplier Sales to Surge 29%

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Apple's Product Lineup Overhaul Causes Supplier Sales to Surge 29% Empty
PostSubject: Apple's Product Lineup Overhaul Causes Supplier Sales to Surge 29%   Apple's Product Lineup Overhaul Causes Supplier Sales to Surge 29% Icon_minitimeFri Nov 09, 2012 3:36 pm

Apple's Product Lineup Overhaul Causes Supplier Sales to Surge 29% Apple_smalllogo_money

An overhaul of Apple’s lineup and anticipation of strong sales of the
new products has resulted in a major growth spike among Apple’s
suppliers. According to Brian White of Topeka Capital markets, [color:963a=blue !important][color:963a=blue !important]Apple
suppliers saw their sales grow 29% year over year in the month of
October. That increase handily exceeds the average 2% year-over-year
growth seen in the month of October over the last 7 years. The strong
performance also follows a decrease of 1% that came in the month of
September.

White mentioned Apple’s new product lineup, which includes the iPhone 5, [color:963a=blue !important][color:963a=blue !important]iPad
mini, new iPods, and new Macs – is an “unprecedented” transition. The
new products are being predicted to account for 80% of Apple’s total
sales in the company’s upcoming December quarter. He acknowledged that
AAPL stock has been under “selling pressure” in recent weeks but he
continues to remain bullish on the company going forward. The 12-month
price target was reiterated to be worth $1,111, which is a number that
is more than double Apple’s current stock price.

White wrote the following: “The iPhone 5 and iPad mini are blockbuster
new products that we believe prove to be big hits this holiday season
and into 2013, combined with the new iPad, [color:963a=blue !important][color:963a=blue !important]MacBook [color:963a=blue !important]Pro,
iMac and iPod lineup.” Based on his “Apple Monitor” which tracks sales
trends across the Taiwan supply chain at leading Apple suppliers, the
companies generate a high percentage of their revenues from supplying
components for Apple’s products.
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Apple's Product Lineup Overhaul Causes Supplier Sales to Surge 29%

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