Ticonderoga Securities’ study of supply chain indicated that Apple’s sales were up 113% in April.
The group’s “Apple Barometer” is not a surefire way to track Apple sales, since there is a gap in time between components being ordered and devices being sold. However, with Apple performing better and better each quarter, it’s not surprising that Apple’s supply chain would be swelling.
Apple’s outlook for the June quarter is down, a decline of 7 percent. Normally, this quarter is an up-swing for the company, but if the next iPhone isn’t shipping until the fall quarter, this outlook is more than likely correct.
Article Via Apple Insider