Analyst: Synaptics may regain ‘meaningful’ Apple business

“Cowen and Company advised investors to buy shares of Synaptics ahead of the company’s quarterly earnings report, saying Apple Computer could soon rekindle its relationship with the user-interface company,” Peter Kang reports for Forbes.

Kang reports, “On Monday, Cowen analyst Robert Stone upgraded Synaptics to ‘outperform’ from ‘neutral’ and said the company, which makes touch-sensor components for PC notebook computers and MP3 players, will likely receive a ‘meaningful but minority role’ as a components supplier to Apple as early as the fiscal first quarter of 2007.”

Kang reports, “Andrew Neff of Bear Stearns was a bit more cautious on a potential reunion with Apple, according to a note sent to clients on July 21. ‘While trade reports continue to point to a possible design win at Apple for iPod, timing remains uncertain,’ the analyst wrote.”

Full article here.

Related articles:
With demand outstripping supply, Apple once again taps Synaptics for iPod Click Wheels – December 05, 2005
Synaptics falls after reporting Apple won’t use its touch-wheel tech in iPod nano – September 08, 2005

8 Comments

  1. I think Apple has ditched Samsung for making the new iPod/parts.

    1: Samsung potential competitor threat

    2: Samsung BlueRay DVD drives failing miserably

    3: Samsung executive spouting off his mouth about winning the Apple contract.

    4: Samsung generally makes garbage products.

    First rule about Project Mayhem is, you don’t talk about Project Mayhem

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.