“Apple’s manufacturing and component purchase commitments reached a record $15.4 billion last quarter, leading one analyst to tell investors on Monday that Apple is gearing up for a blockbuster fall with the launch of an ‘iPhone 6’ and rumored ‘iWatch,'” Neil Hughes reports for AppleInsider.
“Amit Daryanani of RBC Capital Markets noted in a research note provided to AppleInsider that Apple’s manufacturing and component costs were up 18.5 percent year over year in the June quarter,” Hughes reports. “In addition, Apple will spend another $5.6 billion on other obligations such as tooling, capital assets, advertising, and research and development, representing a huge 300 percent year over year increase.”
Hughes reports, “With Apple spending more money than ever on tooling ahead of this fall’s anticipated product launches, Daryanani speculates that the company is spending ahead of the debut of not only its next-generation iPhone, but also a new product category that he believes could be the long-rumored ‘iWatch.'”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]
This forthcoming quarter will be very interesting for AAPL. And in a good way, I’m betting.
But wait — an analyst just said the iWatch wasn’t coming because his supply line checks said Apple hadn’t been ordering components for it.
That’s it. We now need a formal Battle of the Anal-ists, done in MTV Deathmatch style (but for real). We’ll believe the winner because the truth obviously gives him strength.
Not a bad idea. I think I’d actually pay to watch something like that. I’m suggesting we get Alex Gauno, Colin Gillis, Toni Sacconaghi and – what the hell – Gene Munster for starters!
The brilliance and insight of analysts never ceases to amaze… to illuminate and enrich our otherwise ignorant lives.
Analyst they get paid for saying things like : “IPhone 6 will be big” and “we expect the Sun to rise again in the East and not West tomorrow”.
“Sun may rise later, set earlier this winter.”
“Apple’s manufacturing and component purchase commitments reached a record $15.4 billion last quarter, leading one analyst to tell investors on Monday that Apple is gearing up for a blockbuster fall”…
Don’t Tease Me!
24 hours in a day, 7 days a week, and never silence. Make **** up!….
iWatch is going to be a far bigger success than predicted. Ergonomics is the most underestimated characteristic in electronics.
Au contraire. I predict Apple will have a small, cozy, little launch. Yep, just a small launch this time.
Just a few people moseying down to the Apple Store.