Will Apple Move To AMD?
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Price: $308.63 +4.84%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
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The Inquirer is reporting that Apple (Nasdaq: AAPL) may begin to use AMD (NYSE: AMD) for one or more of its new Macs. With AMD's stock down sharply over the last year, it could use any good news. A design win from rival Intel (Nasdaq: INTC) might at least provide a ray of hope.
AMD may need money to help its balance sheet. Who knows, maybe Apple would make an investment for preferred terms on AMD's next generation of chips.
By Douglas A. McIntyre
Fo more market insight go to http://www.247wallst.com/
AMD may need money to help its balance sheet. Who knows, maybe Apple would make an investment for preferred terms on AMD's next generation of chips.
By Douglas A. McIntyre
Fo more market insight go to http://www.247wallst.com/
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