“Forget all the doom predictions about Apple — according to Drexel Hamilton analyst Brian White, the company may have just had its best January since 2008,” Luke Dormehl reports for Cult of Mac.
“Although Apple itself has said that iPhone sales are likely to fall for the first time ever in the January quarter, White claims that his own analysis of Apple’s suppliers suggests that things are looking far from bleak,” Dormehl reports.
All of the companies in our Apple Monitor (i.e., basket of Apple suppliers in Taiwan) have reported January sales and the performance was much better than typical seasonality. After the weakest December on record for our Apple Monitor, this was the best January since 2008. Given the significant underperformance for our Apple Monitor in November and December, we are pleased to see this strong outperformance in January. — Drexel Hamilton analyst Brian White
Read more in the full article here.
MacDailyNews Take: Just as supplier checks are poor indicators of “bad” performance, so they are of “good” performance. There a re too many other factors to consider. We’ll see when Apple posts results in April.