New iPad Could Benefit ARM (ARMH), Imagination (IMG.L), ASML (ASML) and Ericsson (ERIC) - Analyst
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Rating Summary:
45 Buy, 28 Hold, 9 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Analysts at JPMorgan commented on some possible winners from the introduction of Apple's (Nasdaq: AAPL) new iPad.
The firm said the higher selling price of A5X processor may result in higher royalty payments to Imagination (IMG.L) and ARM Holdings, plc (Nasdaq: ARMH). Also, ASML (Nasdaq: ASML) may benefit from the larger die size of the processors.
The new LTE feature will drive network upgrades, benefiting Ericsson (Nasdaq: ERIC), they said.
The firm said the higher selling price of A5X processor may result in higher royalty payments to Imagination (IMG.L) and ARM Holdings, plc (Nasdaq: ARMH). Also, ASML (Nasdaq: ASML) may benefit from the larger die size of the processors.
The new LTE feature will drive network upgrades, benefiting Ericsson (Nasdaq: ERIC), they said.
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