Apple Inc. iPhone smartphones sit on display at the company's Williamsburg store in the Brooklyn borough of New York, U.S., on Friday, May 20, 2017. Apple Chief Executive Officer Tim Cook said in May that the company planned to invest at least $1 billion to back advanced manufacturing companies in the U.S. and help create jobs in the industry. Photographer: Mark Kauzlarich/Bloomberg
If shares of Taiwan’s largest airline are anything to go by, Apple Inc’s next iPhone will be a runaway success.
China Airlines Ltd has surged more than 30% in the past eight days, adding about US$4.1bil (RM17.54bil) in market value and outperforming almost every other member of MSCI Inc’s Asian benchmark. Behind the gains is investor optimism the airline’s cargo operations will benefit from orders by Apple for the island’s many suppliers.
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