TriQuint (TQNT) Soaring Ahead of Apple's (AAPL) Q110 Earnings Release - DJN
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Dow Jones reports that shares of TriQuint (NASDAQ: TQNT) are trading about 8.35% higher today ahead of Apple's (NASDAQ: AAPL) Q110 earnings release, set for after the market closes today. The company supplies AAPL with RF semiconductors for the iPhone.
TriQuint should benefit all week if iPhone sales are better than expected. Not only that, but the strong ties to AAPL should boost it if the rumored Tablet device is revealed on Wednesday, January 27, 2010.
TriQuint should benefit all week if iPhone sales are better than expected. Not only that, but the strong ties to AAPL should boost it if the rumored Tablet device is revealed on Wednesday, January 27, 2010.
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