Tuesday, July 31, 2012

Apple Stocks Up on Components for September iPhone Launch - John Paczkowski - News - AllThingsD

Mid-September is apparently going to be interesting
"According to Apple’s latest 10-Q filing, prepayment for inventory components rose $1.15 billion sequentially in the June quarter. That’s a big increase, one that puts such prepayments at their highest level in four years — 12.6 percent of Apple’s total sales, according to Wells Fargo Securities analyst Maynard Um. And as Um notes, they’re a good indicator that Apple is ramping up for a big product launch — or several of them."
Apple Stocks Up on Components for September iPhone Launch - John Paczkowski - News - AllThingsD
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