Strong growth by Apple’s supply chain points to improving iPhone sales


During a year that has seen sales of the Apple iPhone struggle globally, there are subtle signs that the device is making a comeback. JP Morgan analyst Samik Chatterjee sent a note to clients today about the performance of a group made up of companies that supply Apple with parts for the iPhone. In June, for the fourth consecutive month, this group saw it’s aggregate revenues rise year-over-year. Last month’s rise was 6% compared to May’s 9% hike and a large 10% increase recorded for April. The analyst said that for the first half of the calendar year, the revenue from this group rose 12% …

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