“Concern that Samsung could lose orders for dynamic random access memory from Apple caused the company’s stock to drop 6 percent on Wednesday,” Katie Marsal reports for AppleInsider.
“Rumors from DigiTimes, the Taiwanese technology publication, suggested that Apple has placed huge orders with Elpida, a chipmaker in Japan,” Marsal reports. “That caused concern that Apple was moving its DRAM business away from Samsung, and Samsung’s market value fell by $10 billion, according to Reuters.”
Marsal reports, “Samsung’s stock troubles on Wednesday also came as a pair of reports from The Wall Street Journal and Reuters said that Apple had tapped a trio of suppliers to supply larger 4-inch screens for its sixth-generation iPhone. Noticeably absent among those three companies was Samsung, which is one of Apple’s chief suppliers of LCD displays.”
Read more in the full article here.
MacDailyNews Take: If true, it’s about time. As we wrote on April 26th:
Here’s hoping Apple CEO Tim Cook plans to kick some Samsung ass someday, for a change, and is working very hard to alleviate, not maintain, or Jobs forbid, increase, Apple’s dependence on Samsung going forward. If not, perhaps Tim Cook, not to mention Apple shareholders, should “wake up.”
Here’s a question for Apple Inc. shareholders to ask their employee, Mr. Cook (email@example.com): “On which planet do companies get paid billions to stamp out parts for competitors’ products and then, once they’re assembled, turn around and repeatedly piss all over them while churning out an unending stream of knockoffs of the very products that they publicly denigrate?”
(Obviously, and unfortunately, Mr. Cook thinks that planet is named “Earth.”)
Here’s a shorter question for Apple Inc. shareholders to ask their employee, Mr. Cook: “WTF are you doing any business at all with Samsung?”
Did Mr. Cook, operations genius, really get Apple so dependent on one company that Apple cannot live without them?
Samsung has been ripping off Apple for nearly half a decade now. How long, exactly, does it take to stop doing business with them?
Apple’s products came first, then Samsung’s: