Apple Inc.'s quarter 3 financial report was brilliant, and CEO Tim Cook even claimed that the iPhone 6/6 Plus is still far from the balance of supply and demand, which makes analysts optimistic about Taiwan's Apple's supply chain.
Apple Finance Minister Luca Maestri pointed out on a conference call on the 20th that Apple's iPhone channel inventory increased by less than 1 million, far lower than the 3.3 million units in the same period last year. This means Apple's current inventory is still below the scheduled 4-6 weeks.
barron’s.com reported on the 20th that Morgan Stanley (commonly known as Morgan Stanley) analyst Jasmine Lu released a research report pointing out that Apple still expects that due to the tight supply, the iPhone’s channel inventory days will only be 4-6 weeks after October to December, which means that the volume of channel shipments after the end of the quarter is expected to be better than expected.
Lu said that although the securities are also worried that investors may make profits on stocks with better performance due to general managers' concerns, and that iPhone growth may stagnate after the replacement wave ends, Apple's supply chain, which has strong revenue and surplus growth momentum, should still be a safe haven target in the near future.
Morgan Stanley is still optimistic about Hon Hai, Pegatron and Kecheng, but is neutral to Daliguang, mainly because the company faces problems such as decline in gross profit margin and limited participation in wearable products. Although its stock has been sold recently, its value is still reasonable and has not been oversold.
(MoneyDJ News reporter Guo Yanxi reported)
