Apple Inc (NASDAQ: AAPL) iPhone production could surprise to the upside this quarter, Morgan Stanley analyst Katy Huberty notes, as lead times are declining to "more normalized levels." Citing a "handful" of data points that the firm has seen over the past month, Huberty mentions that the supply of semi-related components is improving, and iPhone builds in the December quarter are "stable" at 82 million units.
Morgan Stanley Sees Surprise Upside In Apple's iPhone Production