Apple’s Latest Iphone Would Be Nothing Without This Silent Partner

Few seasoned “pros” on Wall Street would make the connection between radio frequency chips and coronavirus testing gear.

After all, these specialized chips help smartphones connect to the wireless Web and cellular networks.

This is where it pays to follow someone like me who knows how to score massive gains on tech gems hiding in plain sight.

And that is exactly what we’re going to do with this chip firm more widely known as a key Apple Inc. (AAPL) supplier.

Indeed, this is a great “twofer” getting exactly zero buzz from Big Media.

silver ipad on white table

Image Source: Unsplash

First, we profit from the smash success Apple is enjoying with its highly regarded iPhone 12. That gives us an inside edge on the $715 billion smartphone market.

Second, we make money on the $176 billion global medical testing sector with a strong coronavirus hook.

It’s no wonder that this savvy chip leader just improved its earnings by 300%.

Let me show you why that’s just the beginning…

The Apple Tree

Now then, I’d like to clear up one key fact right off the bat.

Wall Street and the media have given the chip firm I have in mind lots of attention as an Apple supplier.

And that’s a good thing. After all, in its most recent quarterly earnings, Apple blew expectations out of the water by reporting a massive 54% increase in revenues.

It was the best quarter in Apple’s history, thanks to soaring sales of iPhones, MacBooks, and iPads.

Far from being hurt by COVID, Apple has massively benefitted from the work-from-home trend. Millions of workers across the world suddenly had to work without their company-supplied office devices, and so bought new ones – much of them from Apple.

The company now looks to make almost one-third more this year than last. Of course, to fuel these record sales, Apple has to increase production.

Which is great for its suppliers, especially ones that make parts for the iPhone 12.

1 2 3
View single page >> |

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.