Apple s production of the iPhone 12 generation is continuing strong, a supply chain report from Wedbush claims, with Apple likely to continue enjoying the "supercycle" through to the "iPhone 13."
Apple s typical production cycle usually starts with high order levels before reducing in the spring following the lucrative holiday shopping season.
Author Bio
Daniel W. Vena, CPA, CGMA is a long-term investor searching for intangibles that provide explosive growth opportunities in his investments. He served on active duty with the US Army and has a Bachelor s degree in accounting.
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When it comes to investing success, it s hard to top the results of
Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) CEO Warren Buffett. During a long and distinguished career, the so-called Oracle of Omaha has racked up quite a track record of investing success. Since he took the helm of Berkshire Hathaway in 1965, the company has delivered a compound annual growth rate of more than 20%, and by the end of 2019, its return grew to a whopping 2,744,062%.
In the wake of Apple's stellar holiday quarter results, analysts have been quick to respond to the $111.4 billion in revenue and other data points Apple raised in its financials. Here's what the analysts think of the results as well as how far out they were in their predictions.