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Analyst: Apple suppliers see growth spike

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In a note to clients — as reported by “AppleInsider” (www.appleinsider.com) — Topeka Capital Markets analyst Brian White says the recent overhaul of Apple’s product line-up and anticipated strong sales of new Macs, iPads and iPhones have resulted in a major growth spike among Apple’s suppliers.

He says key Apple suppliers saw their sales grow 29% year-over-year in October. That beats the average 2% year-over-year growth seen in the month of October over the last seven years and follows a decrease of 1% that came in the month of September, the analyst notes.

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