Da Mo: Apple's production capacity in December was abnormal, and the iPhone sales in the fourth quarter hit Wall Street's expectations
- 2022-01-29 00:00:00
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On December 23, Beijing time, Morgan Stanley analyst Katy Huberty released an investment report that iPhone sales in the quarter of December were better than Wall Street's expectations, and Apple's performance is expected to be higher than expected.
Huberti found that the shortening of iPhone delivery time to a more normal level at the end of December was "another evidence" that iPhone production was higher than expected. Huberti also said that her "some data collected" showed that the supply of parts had improved in the past month.
IPhone 13 Pro delivery time reduced from 20 days to 2 days
Huberti said iPhone production was "stable" at 82 million units in the quarter of December. She said the supply of power management chips and camera modules has increased. IPhone production in December was slightly lower or flat than that in November. Traditionally, the production in December was significantly lower than that in November. Huberti also pointed out that the delivery time of iPhone 13 pro and pro Max was shortened from 20 days a month ago to 2 days on Tuesday.
Huberty expects iPhone revenue to reach $72.9 billion in the quarter of December, far exceeding Wall Street's estimate of $67 billion. She also expects Apple's revenue to reach $122.2 billion and earnings per share to be $1.97, higher than Wall Street's average expectations of $118.6 billion and $1.89, respectively.