Apple’s Purchase Commitments Suggest “Huge” iPhone 6S Launch

Morgan Stanley analyst Katy Huberty has drawn attention to Apple’s $26.5 billion in off-balance sheet commitments come the completion of the most recent fiscal quarter, and remarked that these numbers hint that the Cupertino firm is readying itself for growth following the next iPhone launch.

Huberty’s judgements have been cited by AppleInsider, which has noted that these purchase commitments revealed in Apple’s 10-Q filing this week are 26% larger than those of the same quarter of 2014. $22 billion of these commitments specifically concerned outsourcing and components, and this figure represents a year-on-year increase of 41% in this area.

Huberty has remarked that figures in these categories strongly correlate with Apple’s revenue for an approaching quarter. As most of these commitments are intended for obtaining components and capital assets, including manufacturing process equipment, the figures are yet more evidence that Apple is working to produce the iPhone 6S and iPhone 6S Plus, as their next handsets have been commonly dubbed, in huge numbers, and is anticipating high demand for these products.

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