Apple-focused analyst Ming-Chi Kuo leaves KGI
Known for often having an inside track on Apple's product plans, analyst Ming-Chi Kuo has reportedly left Taiwan's KGI Securities, and is expected to drop his focus on Apple.
At KGI, Kuo used his supply chain connections to discern product details that were often unusually accurate, then share his investor memos with AppleInsider and other publications. In 2014, for example, he correctly predicted some specifications of the iPhone 6 and iPhone 6 Plus, as well as the announcement of the Apple Watch, though its launch would only happen in 2015.
Kuo was making Apple forecasts as recently as April 26, suggesting that this fall's rumored 6.1-inch LCD iPhone will adopt new touch technology and might forego 3D Touch to keep prices down. Indeed the analyst appears to have been the first to predict that Apple will ship the 6.1-inch device as well as 5.8- and 6.5-inch OLED models.
Not all of his claims have panned out, but the analyst's departure could deprive the Apple rumor mill of some of the early glimpses it has become used to.