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Overseas suppliers indicate Apple sales up 87% in May

post #1 of 14
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Tracking of Apple's component purchases from the overseas supply chain shows the company with an 87 percent year-over-year increase in the month of May.

Analyst Brian White with Ticonderoga Securities issued the latest update for his "Apple Barometer" to investors on Thursday. The barometer tracks trends in Apple's Taiwan supply chain, representing a broad group of suppliers with a high concentration of sales generated from Apple.

The latest numbers for the month of May show Apple tracking up 87 percent year-over-year. While the number is particularly strong, it is less than the 100 percent year over year increase the barometer found for the month of April.

The estimate shows Apple's sales for May up 10 percent month-over-month, a number well above the average 2.2 percent month-over-month increase the company has traditionally seen over the last six years.

"Although we are cognizant that share shifts occur in the Apple supply chain, inventory adjustments occur and builds occur ahead of demand, we believe the overall direction versus historical performance provides us with further confidence in strong trends at Apple," White wrote.

White's barometer shows Apple on track to post better-than-average sequential growth in the second quarter of 2011. In fact, if Apple delivers just its average performance in June of a 0.8 percent increase month over month, he estimates sales will rise by 18 percent quarter-over-quarter, above the six-year average June quarter increase of 15 percent.

"Keep in mind that Apple's outlook for the June quarter called for a sequential sales decline of 7%, much weaker than the eight-year average increase of 5%," he wrote. "By comparison, we are estimating a 1.8% sequential sales uptick for Apple in the June quarter."

Apple's third quarter of the company's fiscal 2011 ends this month. The iPhone maker will report its earnings from the current quarter in July. In the same frame last year, Apple saw a 77 percent year-over-year increase in profits, driven by then-record sales of 3.47 million Macs.

Earlier this month, White reported that Apple is expected to have strong sales of the iPhone 4 in June, despite the fact that Apple did not introduce a new model at this year's Worldwide Developers Conference. He said sources in the overseas supply chain have indicated that the release of the white iPhone 4 has helped Apple keep on pace to break even with iPhone sales from the previous quarter.
post #2 of 14
"White's barometer shows Appel on track"

Speeling and gremmer chekcer plaese!
post #3 of 14
Oh, Gawd, say NOT! This kind of news will drive AAPL right into the toilet!
post #4 of 14
Quote:
Originally Posted by VinitaBoy View Post

Oh, Gawd, say NOT! This kind of news will drive AAPL right into the toilet!

Absolutely. Imagine - only 87% year over year growth instead of 100%. The horrors!!!!
"I'm way over my head when it comes to technical issues like this"
Gatorguy 5/31/13
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"I'm way over my head when it comes to technical issues like this"
Gatorguy 5/31/13
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post #5 of 14
Quote:
Originally Posted by AppleInsider View Post

The latest numbers for the month of May show Apple tracking up 87 percent year-over-year. While the number is particularly strong, it is less than the 100 percent year over year increase the barometer found for the month of April.

Too bad. I guess they should cut some of their products since clearly 87% YOY increase is not a good thing. \
GIGO. The truth in all of life.
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GIGO. The truth in all of life.
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post #6 of 14
A number of factors likely contributed to the later release of iPhone 4S / 5 this year. Let's see how many I can remember: Verizon iPhone 4 release, white iPhone 4 release, earthquake/tsunami affecting Japanese suppliers, Lion + iOS 5 + iCloud announcements together at WWDC...

This year there were almost too many software and services to announce at WWDC. "One more thing" would have been too much. Steve and Apple want everything announced at keynotes to stay in the spotlight for weeks. To let the message sink in. And 3 big things is about all that they can fit on their home page.

Other factors are iPhone 4's continuing popularity, and even iPhone 3GS' relatively good sales numbers. Good enough to out-sell any individual Android phone on the market in CY Q1. There isn't any financial pressure to release this year's iPhone.

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post #7 of 14
Maybe this is really going on, stop people from skipping models with yearly releases.
post #8 of 14
for the last ten quarters Apple has shown consecutive YOY revenue increases of
6,9,12,25,32,49,61,71,and 83 %

So an 87% increase is not out of line. That would produce revenue of just over $28 B. Which would totally blow the analysts out of the water.
post #9 of 14
Quote:
Originally Posted by jragosta View Post

Absolutely. Imagine - only 87% year over year growth instead of 100%. The horrors!!!!

IT'S THE END OF APPLE AS WE KNOW IT!

Proud AAPL stock owner.

 

GOA

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Proud AAPL stock owner.

 

GOA

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post #10 of 14
Quote:
Originally Posted by SpamSandwich View Post

IT'S THE END OF APPLE AS WE KNOW IT!

Cue Michael Dell...
post #11 of 14
Yeah, yeah, yeah. And all the while, AAPL has been an underperformed for the last several months. What gives with the stock? It should be at $400/share right now, especially in light of all the good financial news we've been hearing, and the good news out of WWDC. It makes no sense whatsoever.
post #12 of 14
So will Apple sell 5 million Macs this quarter? I suppose we'll find out come June for sure.

My company's execs love the Macbook Air a lot. So much so that they've forced out IT Dept to install Exchange 2010 to support email on the Macs. Before that the IT Dept couldn't get Exchange 2010 in the door. Amazing what the Mac will do for the Windows folks.

I can only imagine that the rest of Corp America is looking away from Microsoft as well since Microsoft doesn't have an elegant tablet nor smart phone OS. Apple is the only one that can take Corp America for mobile to the office desk without skipping a heart beat.

We'll see if Windows 8 catches Microsoft up on the client side come next year.
post #13 of 14
Quote:
Originally Posted by SpamSandwich View Post

IT'S THE END OF APPLE AS WE KNOW IT!



the clouds are darkening apple is doomed
its over
turn out the light be fore you go


9
whats in a name ? 
beatles
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whats in a name ? 
beatles
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post #14 of 14
Quote:
Originally Posted by JDW View Post

Yeah, yeah, yeah. And all the while, AAPL has been an underperformed for the last several months. What gives with the stock? It should be at $400/share right now, especially in light of all the good financial news we've been hearing, and the good news out of WWDC. It makes no sense whatsoever.

Global turmoil, even though it has nothing to do with Apple directly, is part of the issue. Traders short AAPL to capitalize on the overall market decline... and yes, Apple is one of a few companies that should be shooting through the roof but are punished by stock manipulators.

Proud AAPL stock owner.

 

GOA

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Proud AAPL stock owner.

 

GOA

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