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Apple (AAPL +1.1%) roundup: 1) China Telecom (CHA) mentions in its Q2 report it added 8.35M...

  • Wednesday, August 22, 2012, 2:17 PM ET
    Apple (AAPL +1.1%) roundup: 1) China Telecom (CHA) mentions in its Q2 report it added 8.35M subs, something it largely credits to the iPhone 4S. 2) Digitimes sources claim Q3 production of the new iPhone will be less than 15M units, below a prior forecast of 20M, due to low yields (previous) for in-cell touch panels and new dock connectors. If true, that could have negative implications for suppliers. 3) Needham is raising its PT to $750, and its FY13 EPS estimate to $50.
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    Digitime's source originated from HTC's rumor. The only production problem was the chip in the charger cable, which has been corrected.
    22 Aug 2012, 05:28 PM Reply Like
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