
White has been very optimistic about the future growth of Apple stocks. He has been tracking the performance of key Apple suppliers. He said that when key suppliers' performance is good, that usually means that Apple's business is also developing very well. Apple's investors need to be careful when suppliers’ performance deteriorates.
White said that the key performance of Apple's key suppliers fell by 31% in February, exceeding the historical average of 8%. He also said that even taking into account the factors of the Chinese Lunar New Year, such performance is still very poor.
White said: "The key performance of Apple's key suppliers in February was generally poor, which was the worst record since we included them in the study."
White said that not only Apple, in fact, the entire industry's performance is not good. He also pointed out that Hon Hai Precision’s revenue fell by 25% in February from the previous month. Foxconn, a subsidiary of Hon Hai Precision, is Apple's largest foundry company. Hon Hai's poor performance is not good news for Apple.
Earlier news that Apple has cut orders for the iPhone 5 due to weak market demand.
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