Apple (AAPL) Suppliers See Upside as iPhone 5 Goes on Sale (TQNT) (SWKS) (OVTI)
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As Apple's (Nasdaq: AAPL) iPhone 5 goes on sale today, suppliers for the device are seeing a nice pop on the session.
Chips included in the device come from companies like TriQuint Semi (Nasdaq: TQNT), Skyworks Solutions (Nasdaq: SWKS), Avago Tech (Nasdaq: AVGO), Qualcomm (Nasdaq: QCOM), STMicro (NYSE: STM), Broadcom (Nasdaq: BRCM)< Cirrus (Nasdaq: CRUS), and OmniVision Tech (Nasdaq: OVTI).
Though OmniVision wasn't included in a recent teardown of the iPhone 5 from iFixit, a JPMorgan note put it on a list of companies to benefit from the device.
Shares of Apple are up 0.6 percent.
Chips included in the device come from companies like TriQuint Semi (Nasdaq: TQNT), Skyworks Solutions (Nasdaq: SWKS), Avago Tech (Nasdaq: AVGO), Qualcomm (Nasdaq: QCOM), STMicro (NYSE: STM), Broadcom (Nasdaq: BRCM)< Cirrus (Nasdaq: CRUS), and OmniVision Tech (Nasdaq: OVTI).
Though OmniVision wasn't included in a recent teardown of the iPhone 5 from iFixit, a JPMorgan note put it on a list of companies to benefit from the device.
Shares of Apple are up 0.6 percent.
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