Apple (AAPL) Said to Select Just Two Battery Suppliers for iPhone 6
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Price: $168.00 -0.81%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: -4.1%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: -4.1%
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Apple (Nasdaq: AAPL) is gearing up even more for the launch of its next-generation iPhone.
Digitimes reported that Apple has placed battery orders with Taiwan-based Simplo Technology and China-based Shenzhen Desay Battery Technology. Supplier for the iPhone 5 and 5c, Dynapack, currently has no orders on the books, according to sources.
While Desay is said to have received a majority of the orders, Dynapack is still working to win orders from Apple given that the iPhone 6 hasn't yet entered mass production.
No word on when mass production of the iPhone 6 will start though, given expectations for a Q314 launch, a general guess is for production to ramp in May and June.
Shares of Apple are positive in early trading.
Digitimes reported that Apple has placed battery orders with Taiwan-based Simplo Technology and China-based Shenzhen Desay Battery Technology. Supplier for the iPhone 5 and 5c, Dynapack, currently has no orders on the books, according to sources.
While Desay is said to have received a majority of the orders, Dynapack is still working to win orders from Apple given that the iPhone 6 hasn't yet entered mass production.
No word on when mass production of the iPhone 6 will start though, given expectations for a Q314 launch, a general guess is for production to ramp in May and June.
Shares of Apple are positive in early trading.
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