Apple's purchase commitment increase points to strong hardware sales expectations
Apple’s most recent 10-Q filing with the Securities and Exchange Commission shows manufacturing purchase commitments of $55.1 billion as of December 31st, with $54.8 billion payable within 12 months, an increase of 16% year over year. Angela Palumbo for Barron’s: [This] is an indicator for hardware sales expectations, Evercore analyst Amit Daryanani wrote in a research note Tuesday. Purchase…
View On WordPress













