Ming-Chi Kuo is one of the biggest supply chain sources when it comes to Apple products. Now, it seems that the prolific analyst is parting ways with KGI Securities where he was working for the past six and a half years. According to a report from China Times (via Bloomberg's Mark Gurman), Kuo left KGI Securities last Friday on April 27. So let's dive in to see some more details on the subject and what is next for the popular analyst.
Ming-Chi Kuo Departs From KGI Securities, Will Possibly Lessen Focus On Apple News
KGI Securities is Taiwan's second-largest securities firm and Ming-Chi Kuo was easily the most popular person in the firm. Previously, the analyst worked at Digitimes as a senior analyst at the industrial publication. In addition to this, Kuo also covered Apple as part of Concord Securities in 2011. Now, Kuo is looking to share light on more than just Apple.
Ming-Chi Kuo has been one of the most valuable and prolific sources of rumors about Apple's unreleased products since 2010. His research notes were typically delivered information accumulated from Apple's supply chain partners in Taiwan and other Asian countries. Due to the reliability of his sources, the anticipation of forthcoming products from Apple was rather accurate. However, the speculation sometimes fell short of specific details and release dates.
Congratulations to Ming Chi-Kuo (the best analyst covering Apple) who is leaving KGI for another firm, and reportedly moving on to cover innovative non-Apple companies. https://t.co/m55yUVQSGG
— Mark Gurman (@markgurman) April 30, 2018
Even though Kuo's track record is not perfect, several of the high-profile rumors were accurate. For instance, the analyst accurately predicted the iPhone X back in 2016 saying that the company is working on a device with a 5.8-inch display featuring a glass back and a metal frame. Other times, Ming-Chi Kuo predicted that Apple would ditch the headphone jack in iPhone 7 along with several other speculations like stereo speakers, water resistant, a glossy jet black color and more.
Other products speculated by Kuo based on his supply chain sources include the 10.5-inch iPad Pro, Apple Watch Series 2 with GPS, Apple Pencil, 12-inch MacBook, MacBook Pro with Touch Bar, iPhone SE and much more. Other tiny tidbits were also shared by the former KGI analyst.
Kuo has not yet commented on his departure from KGI and hence no details are available from his regard. There will be more to the story, so be sure to stay tuned in for more details.
This is all for now, folks. What are your thoughts on Ming-Chi Kuo leaving KGI Securities? So you think there will be an effect on Apple's secrecy now that Kuo is no liner with KGI? Share your views with us in the comments.