Analyst: Apple suppliers see 29 percent sales surge; reiterates $1,111 price target

“Brian White of Topeka Capital Markets tracks Apple’s supply chain in his monthly ‘Apple Monitor’ report. His latest report on Thursday revealed that key Apple suppliers saw their sales grow 29 percent year over year in the month of October,” Neil Hughes reports for AppleInsider.

“That increase handily exceeds the average 2 percent year-over-year growth seen in the month of October over the last 7 years,” Hughes reports. “White said Apple’s new product lineup — which includes the iPhone 5, iPad mini, and new iPods and Macs — is an ‘unprecedented’ transition. He expects the recently announced products will account for 80 percent of Apple’s total sales in the company’s December quarter.”

Hughes reports, “He acknowledged that AAPL stock has been under ‘selling pressure’ in recent weeks, but he remains bullish on the company going forward. In fact, he has reiterated a 12-month price target of $1,111.”

Read more in the full article here.

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]


    1. Surface? Thats a joke, right? The same surface which crashed on stage when they were introducing it? I laughed so hard at that one, that I nearly pissed my pants. I took it to the local apple store and shared it. Everyone was laughing. The latest reviews do not show it improving at all.

  1. I don’t understand why Apple is not making a keyboard to its iPad!!!

    Surface is gonna be huge if they make a mouse that goes with it…

    Apple lost the innovation podium here big time!!!

    1. Apple’s lightweight bluetooth keyboard pairs with iPad. (iPhone pairing, too, to type with a physical kb… a minimalist approach). It does a fine job. I use a physical kb with my v1 iPad all the time… posted 10,000+ words to my blog while traveling southeast asia with this lightweight combo. then piblish over the hotel’s wifi. There’s a handful of competing brands that hook up wirelessy to an iPad.

      Then there was the keyboard/dock combo where you jacked in with a docking stand with iPad in portrait mode. Is it still around? (This thread post typed on physical kb with iPad.)

        1. Damn, I’m glad you explained that! I was holding one of the Swedish Bikini team members upside down and trying to read my iPad (third-generation) as it was suction cupped between her legs. Thanks for the heads up (so to speak).

      1. I just had to go look and the old Portrait Style Docking kb for iPad is not in the store.

        Popped into Logitech and they have a Bluetooth keyboard for iPad that’s solar powered. That is kewl. Now I don’t even need to bring the rechargeable AA batteries! Called the “Logitech Wireless Solar Keyboard K760.”

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