Ming-Chi Kuo May Lessen Focus on Apple Following Reported Departure From KGI Securities

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Apr 30, 2018.

  1. MacRumors macrumors bot


    Apr 12, 2001

    Ming-Chi Kuo, widely considered to be one of the best analysts covering Apple, might no longer focus his research on the iPhone maker.

    Kuo speaking on behalf of DigiTimes

    China Times reports that Kuo resigned from Taiwanese research firm KGI Securities on Friday and, while his next move is uncertain, the publication suggests he will focus less on Apple and more on other emerging industries.

    Kuo has been one of the most prolific sources of rumors about Apple's unreleased products and services since as early as 2010, when he was a senior analyst at industry publication DigiTimes. He briefly covered Apple for Concord Securities in 2011, before moving to KGI Securities in early 2012.

    Kuo's research notes typically relayed information gathered from Apple's supply chain partners in Taiwan and other Asian countries. This information frequently allowed Kuo to accurately predict upcoming products on Apple's roadmap, although specific details and release dates were occasionally inaccurate.

    While he doesn't have a perfect track record, our archive of Kuo's research notes reveals several high-profile rumors that proved to be accurate. In March 2016, nearly two years prior to the iPhone X, for example, he said Apple was developing a new iPhone with a 5.8-inch OLED display, glass back, and metal frame.

    Later in 2016, he shared a laundry list of predictions about the iPhone 7 and iPhone 7 Plus, including the lack of a 3.5mm headphone jack, a new glossy Jet Black color option, stereo speakers, and improved water resistance.

    Kuo also accurately forecasted the 10.5-inch iPad Pro, Apple Watch Series 2 with GPS, iPhone SE, Apple Pencil, 12-inch MacBook, MacBook Pro models with a Touch Bar and Touch ID, and the MacBook Pro with Retina display. In between, he's shared tidbits like an iPod touch refresh with new colors and white front bezels.

    While speculation has mounted about whether Apple had anything to do with Kuo's decision to step down, given the company's culture of secrecy, it is believed that his departure was a move planned several months ago.

    Kuo has yet to publicly comment on the report, and it's possible he may continue to cover Apple to at least some extent in the future.

    Article Link: Ming-Chi Kuo May Lessen Focus on Apple Following Reported Departure From KGI Securities
  2. zedsdead macrumors 68040

    Jun 20, 2007
  3. willmtaylor macrumors G3


    Oct 31, 2009
    A Natural State
    Tim Cook paid him off to leave (doubling down).

    Sweet. I’ll get to be surprised by products announcement events again!
  4. BvizioN macrumors 601


    Mar 16, 2012
    Manchester, UK
    Billions of people. There will always be another Ming-Chi
  5. jgbr macrumors 6502a

    Sep 14, 2007
    considering so few rumours are credible or come to light, he was generally a very good source. So expect less 'rumours' come 'leaks'..perhaps the question apple asked was, how was this guy so right so often...?
  6. pete2106 Suspended


    Dec 7, 2012
    What are MacRumors gonna do now? Where will they get the articles from?
  7. Packdude macrumors member


    Apr 16, 2010
    Well, technically, if he was 'one of the best', then one of the 'not one of the best' just took his place. :)
  8. NewtonPippin macrumors regular

    Jan 18, 2015
    The best part of this news is that now maybe the MacRumors admins will stop groveling all over this dude. Yeesh.
  9. now i see it macrumors 68030

    Jan 2, 2002
    Kuo was like sharks teeth. He may now be gone, but there's gunna be another one to fill his spot. All those leakers that provided him with information were unquestionably paid to do so - and they'll continue leaking secrets to the highest bidder. Trying to keep the lips of Asian slave labor factory workers sealed is impossible. The Leaks will continue.
  10. Jason83 macrumors regular


    Sep 30, 2014
    PA, USA
    False. If he was “the best,” then he’ll be replaced by “not the best.” However, I’d he was “one of the best,” he may be replaced by “another one of the best.”
  11. Exile714 macrumors 6502a

    Jan 14, 2015
    Probably got fired for consistently under-predicting iPhone production numbers for the last eight quarters. People here think he’s in the business of selling rumors to THEM, not the manufacturers who actually used his intel to make strategic decisions. He’s been off for a while now so this should be no surprise to anyone who understands what he does.
  12. Rogifan macrumors Core


    Nov 14, 2011
    So rumor sites won’t be posting his guesses any more? Yea!
  13. yaxomoxay macrumors 68030


    Mar 3, 2010
    All jokes aside, I wish him well in his new journey.
  14. The Game 161 macrumors P6

    The Game 161

    Dec 15, 2010
    So no rumours and all future releases will be a surprise..

    Tim Cook is happy
  15. al256 macrumors 6502a


    Jun 7, 2001
  16. Hustler1337, Apr 30, 2018
    Last edited: Apr 30, 2018

    Hustler1337 macrumors 68000


    Dec 23, 2010
    London, UK
    ...End of MacRumors.

    Seriously, this guy is a prophet when it comes to Apple rumours and much of the rumours we've seen over the years from him have been pretty accurate.
  17. bbednarz macrumors 6502a


    Nov 16, 2017
    Yeah, why would we want MacRUMORS to post rumors pertaining to Apple...
  18. whooleytoo macrumors 604


    Aug 2, 2002
    Cork, Ireland.
    Rumours about the people spreading rumours. This feels very meta-rumoury.
  19. barkomatic macrumors 68040

    Aug 8, 2008
    This site is in danger of going out of business. Maybe he'll come work for Macrumors.

    As much as Apple hates leaks, I think they did contribute toward building excitement about new releases.
  20. gnipgnop macrumors 65816

    Feb 18, 2009
    Maybe he doesn't have a budget for paying the supply chain informers anymore now that he's left KGI.
  21. ChrisCW11 macrumors 65816

    Jul 21, 2011
    Best analyst? Or just most prolific. I mean if you make a thousand predictions you are bound to get a few right. I think this guy was wrong more then he was right, but like most prophets people only cherry pick the correct predictions.
  22. cuencap macrumors regular

    Dec 12, 2011
    That’s not hard to do when he’s got contacts at various factories making the product. There are many people like this who don’t have an outlet to share the info and don’t feel it’s important enough to sell.
  23. otternonsense macrumors 65816


    Jul 25, 2016
    Well, like Gurman's tweet suggests, it may be far more interesting and gratifying to cover actually innovative companies than relay Apple's production delays.

    Good luck with his new start!
  24. laptech macrumors 6502


    Apr 26, 2013
    My opinion his quitting is either due to his leak contacts within Apple have decide to leave or Apple have plugged the leaks where he was obtaining his information from and without those resources he can no longer do his job properly.
  25. Smartass macrumors 65816

    Dec 18, 2012
    This is all the result of Tim Cook's three year long policy of "doubling down on secrecy"

    You heard it here first.

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