“Applied Materials is capable of sourcing 100 million Apple iPhone screens amid its OLED push, a UBS analyst said Thursday as chipmakers Analog Devices and Texas Instruments got sell ratings from Goldman Sachs on their Apple exposure,” Allison Gatlin reports for Investor’s Business Daily. “Goldman Sachs analyst Toshiya Hari initiated coverage of Analog Devices stock with a sell rating, noting the company’s 10% Apple exposure, but is neutral on shares of 20%-Samsung-exposed Maxim Integrated Devices. Sell-rated Texas Instruments is 30% exposed to consumer sales, Hari said.”
“Hari boosted his price target on Applied Materials stock to 27 from 25 and kept his buy rating, noting the company’s OLED (organic light-emitting diode) and 3D Nand (flash memory) push and Chinese business could drive earnings per share minus items to $1.81 and $2.10 in calendar years 2016 and 2017,” Gatlin reports. “UBS analyst Stephen Chin sees Applied Materials bolstering its EPS by 80 cents annually, assuming the TV market, like the smartphone market, also adopts OLED screens. OLED screens are thinner and more flexible than other display screens, and is expected to be a feature in Apple’s iPhone 8, expected to be released in the fall of 2017. So far, Apple uses OLEDs on just one product, the Apple Watch.”
Read more in the full article here.
MacDailyNews Take:
My Mophie case is big enough to have both thrusters and a small parachute working together.
If you think this comment makes no sense, it’s because I commented the wrong article and it really makes no sense–but if you read another article, I’ll let you guess where this comment should go 🙂
I think we all realised that your posting about thrusters and parachutes was obviously intended to be a reply to the article about Mercedes and BMW satellite systems.
I thought it was meant for a soft porn site myself.
No on second thoughts a hard porn site.
You got it! Good to see you are paying attention. Is there any way I can give you extra MacDailyNews points?
Just kidding though. You failed the test and you get no MacDailyNews points.
“Apple patents falling-cat method to keep dropped iPhones intact”.
That is where the comment really should go.