Think the economic outlook is bleak? Well, for many it is, but not for Apple's long-time Taiwanese OEM manufacturing partner Quanta, which builds the Cupertino, CA-based company's popular MacBook product line.
CENS (Taiwan) reports that the world`s largest contract supplier of notebook computers is expected to achieve a growth of 5-10% in its shipments for the fourth quarter of this year and remains bullish on its 2009 prospects thanks in large part to shipments of Apple`s recently refreshed portable product line.
Regardless of the deterioration and a host of doubts from institutional investors, Quanta is keeping its original projection at a 5-10% growth in its notebook PC shipments for the fourth quarter of the year, due mainly to its shipments to Apple ... to drive sales.
Moreover, with new and / or rising orders from Acer and Asus, as well as our favorite fruit company, Quanta expects volume to rise by 16% to 42.7-million units in 2009.
This is huge news. Astounding news. They'll sell MacBooks by the millions. WS will be astounded by sales. It means investors should see Apple reach news highs of $95 a share by the end of the year. Wow!
Posted by Guest Poster #1 on 12/04/08 12:31 PM
Now that it's shown to be pretty obvious that Apple's stock price is not driven by sales and profits, this news most likely will fall on deaf ears as usual.
Posted by Guest Poster #2 on 12/04/08 12:42 PM
As Leo likes to say about AAPL, "Buy on rumors, sell on news."
Posted by Guest Poster #3 on 12/04/08 1:08 PM
Well, looks like Apple will sail through this economic downturn better then others in he business after all.
