Latest “leaked” iPhone pictures may signal early arrival for iPhone 6

Posted: April 17, 2014 by mattmargolis24 in My Publications, Uncategorized
Tags: , , , , , , , , , ,

As the iPhone 6 inches closer to its release date the volume of leaked photos will continue to rise. The latest edition of leaked photos from Weibo.com appear to show the front panel of the upcoming iPhone without a cover screen. The front panel appears to be longer and slightly wider than the iPhone 5 that is pictured next to it.

The leaked images align closely with news reports that various suppliers will begin ramping up production of various key components in Q2. If components are coming off the production press by late May then a late June release for the 4.7″ cannot be ruled out. Foxconn reportedly was producing 500k iPhone 5s models a day by late 2013 and I expect the addition of Pegatron to lift total capacity closer to 1 million phones per day. In March it was reported that Pegatron was going on a hiring spree to be ready to assemble units during Q2. The iPhone 6 manufactures could conceivable produce enough units of inventory to in just 30 days to support a iPhone 6 launch in late June or early July. Stay tuned as this could be a surprise to everyone.

Taiwan Semiconductor Manufacturing Company (TSMC) reported began production on the A8 chip in March.

Micron Technology announced that they begun ramping up production of their DRAM memory LPDDR4 which is also consistent with company comments made in January that they would land in mobile handsets later in 2014.

Reuters indicated that Japan Display Inc, Sharp Corp and South Korea’s LG Display Co Ltd will begin mass producing display touch panel screens as early as May.

Sapphire cover screen supplier GT Advanced Technologies, who is growing sapphire inside Apple’s Mesa, AZ sapphire plant has also begun to ramp up its production as well. 9to5Mac released information in January indicating that Apple wanted to go-live with the Mesa sapphire operations by February. Additional records pulled from the city of Mesa website and FTZ indicate that the facility has indeed begun production and the first line or 140 tools (ASF sapphire growth furnaces) went live on January 10th and was followed by another significant ramp up in Tools by the middle of February.

20140417-074932.jpg

20140417-074941.jpg

Full Disclosure: I am long shares of GTAT and have no plans to buy or sell any holdings

Advertisements
Comments
  1. terzman says:

    My guess is we see an “event” from apple June 27 and a release for the Fourth of July weekend! Just a wild hunch!

    Like

  2. Wei Liu says:

    If the rumor about Apple’s ordering of 65 million iWatch is true, then it might be true that sapphire only covers the high end iPhone6. Assuming about 10 dollars a piece of covering on each device, it is going to add about 650 million to GTAT’s top line which sits right within their guidance range. How do you think, Matt?

    Like

    • 65m might be taken out of context. 60m has been the analyst 12 month sales figure from launch day 1 through day 365 and that seems to be near the norm. I’m at 20m iWatch units for 2014 and 65m for all of 2015!

      Like

    • I’m at $10 per sapphire screen for phones and so is Goldman Sachs.

      Like

    • Yes so 65m in first year (12 months) The sketchily specific details from China’s Economic Daily News, reported on Tuesday, claim that the supply chain for the device was recently finalized. The report states that Taiwan’s Quanta Computer has received an exclusive contract to build the device, with 65 million units expected to be built in the first year of availability.

      Like

  3. Wei Liu says:

    Thanks for the reply, Matt. Nonetheless, as long as APPLE wants to cover iPhone screens with sapphire, this will be recurring revenue for GTAT assuming APPLE does not go for other suppliers. I think they will not with over 1 billion invested with GTAT.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s