- Apple (AAPL +1.8%) has made new November highs, and is closing on its October peak of $539 (made right after the FQ4 report). Shares are still nearly unchanged YTD in a year that has seen the Nasdaq rise over 30%.
- Gene Munster is once more reporting of improving iPhone 5S supplies (previous): Shipping times have improved to 3-5 days from 2-3 weeks, and checks at 60 U.S. Apple Stores indicated 90% of SKUs were in stock.
- Separately, Digitimes' Taiwanese component supplier sources report iPhone 5C chip orders are expected to rise again in calendar Q1, following Q4 declines. If true, that's a positive for Apple-dependent chipmakers such as Cirrus Logic (CRUS +1.6%), Avago (AVGO +1.2%), and TriQuint (TQNT +2.8%).
- Digitimes and others have reported of major 5C production cuts, as sales of the plastic-shelled iPhone soundly trail those of the flagship 5S.