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I'd seriously by Apple here, rumors on the demand for iPhone 6 and the much anticpated wearable are really bullish. From an industry website:
In the second quarter, Apple committed a near-record $21 billion to third-party manufacturers for components and equipment as they presumably geared up for a string of new product announcements this fall.
Those commitments, as Apple has regularly laid out in its quarterly filings with the U.S. Securities and Exchange Commission, are pre-payments for outsourced manufacturing and the components those companies use to assemble products. As of the end of June, Apple had $15.4 billion in such commitments.
Also off the balance sheet was an additional $5.6 billion in obligations, mostly for acquiring manufacturing and tooling equipment put in place by Apple's component makers and product assemblers.
The $21 billion total, then, is an indication of Apple's own build forecasts for the coming quarters, and thus its expectations for sales. The $21 billion is 46% higher than the same period the year before, a quarter prior to the launch of the iPhone 5S and 5C. The $15.4 billion in manufacturing/component commitments is 18.5% higher than that line in the second quarter of 2013.
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