Monday, April 27, 2015

Apple didn't reveal how many Apple Watches it sold, but it's rushing to increase supply (AAPL)

Apple didn't reveal how many Apple Watches it sold during its Q2 earnings report, but the company is looking to increase supply to meet demand by the end of the quarter. Apple is "aiming for watch supply-demand rebalance by quarter's end," according to Bloomberg, highlighting that Apple is ramping up supply to meet the high demand for Apple Watch. "The customer response for the watch has been great," Apple CFO Luca Maestri told Bloomberg in an interview Monday. "We are working very, very hard...-> read more
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