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EUR 55.04 For Business Accounts Only

Headwinds in 1H, but it still leads Apple plays - 6456 TT; BUY

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We said many times that GIS would be one of the very few Apple names that could post positive YoY top-line and earnings growth in 1H16, and this holds true. That said, 2Q16F demand is still slower than we previously expected.

Underlying
GIS
Provider
Yuanta
Yuanta

​Yuanta is a Taiwan-headquartered brokerage with a growing presence in Asia, especially across Greater China. Our team of 140+ provides cutting-edge analysis on key sectors, spread across offices in Taiwan, Hong Kong, Shanghai (A-Share), Seoul and Jakarta. With an ever-expanding coverage universe of 400+ companies, we provide in depth analysis with unique local color to investors. Consistently being voted the Best Investment Consulting Firm in Taiwan in the AsiaMoney broker poll is evidence of our strength. We target providing an extensive range of research, from small, to mid-sized, to large cap. We bring you the big, well-covered names, as well as going off the beaten track to research the less-familiar companies.

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