Apple’s recent “stock price drop was, in part, triggered by rumors, not confirmed, that some supply chain vendors had reported cutbacks in orders from Apple. Unfortunately media and financial analysts have poor memories, and thus didn’t recall the last time this happened, in late 2012, weeks after the release of the iPhone 5s,” Gene Steinberg writes for The Tech Night Owl. “That, by the way, was perceived as a failure by some, and its little brother, the iPhone 5c was labeled a dud. Only there’s no evidence that either failed to meet or exceed Apple’s sales expectations.”
“Now in recent days there have been a few juicy tidbits that serve as a reality check for the latest supply chain scuttlebutt. One is the report that sales of non-Android smartphones in China are way up, to the tune of 33%. Since most of those smartphones are built by Apple, you can see that stories of a sales slowdown don’t quite wash,” Steinberg writes. “That’s just one set of numbers. The other is a report of record earnings by Taiwan Semiconductor Manufacturing Co., or TSMC. This is one of the key chip fabs used by Apple to build A-9 series processors. So if sales of competing products are essentially moribund, where’s all that action coming from anyway?”
“Kudos to AppleInsider’s Daniel Eran Dilger for actually doing the legwork to come up with these reports,” Steinberg writes. “You wonder why so-called tech or mainstream reported from the big media companies aren’t publishing this information.”
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MacDailyNews Take: Eventually, the truth always wins out.
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