Strong results from iPhone suppliers are a good sign for Apple, top tech analyst says

Apple CEO Tim Cook pose next to an image of the new iPhone 11.
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A handful of strong earnings results from Apple's biggest suppliers are a good sign for the iPhone maker's demand picture, according to Morgan Stanley.

The Wall Street firm's Apple analyst Katy Huberty — the 2020 No. 1 ranked technology analyst by Institutional Investor — said seven of Apple's semiconductor suppliers reported strong quarterly revenue in the past two weeks and gave robust outlooks for the fourth quarter.