Appl Inc. has suffered lots of losses in the last few months because of the poor sales performance of iPhones. However, JPMorgan has revealed a report which shows that Apple’s supply chain companies are growing at a faster rate, and it also gives hope for improving iPhones situation. The report indicates that these supply chain companies revenue has increased significantly from last year. In previous month income grew by 6%, and in May it was nearly 9%, which indicates that the situation here is improving a lot.
Apple hugely depends upon various apply china companies, and that’s why it becomes essential for them to see how these companies are performing. Analysts said from last year annual revenue grew by 12% and during the first six months of 2017 4% only. It’s clear that the last few months have been great for all supply chain companies, it also improves the situation of slow performance of iPhones.
Now some analysts are positive about the sales performance of iPhones. They think this revenue growth clearly shows us that trade war tensions haven’t affected that much on iPhones performances. Apple has reported a low amount of iPhones in previous quarters report and even further mentioned that this performance is going to be continued in the next quarter as well. Now Apple is trying to improve this situation, and they have also considered shifting their production hubs from China to other countries. Even though trade talks are going on in between US-China, it’s still affecting Apple’s revenue growth. India and Vietnam are Apple’s two favorite places to replace China, which is becoming a significant issue for the company. The report shows Apple is trying to put a square camera model in upcoming iPhones, which indicates the company is already trying to make significant changes and not sticking to traditional sources only.
