06-15-2013, 05:10 AM
Decent run today almost to $15, here is the reason:
10:56 AM Apple is ramping as an InvenSense (INVN +5.4%) customer and the Sep. quarter will be an inflection point for sales, says Piper in a note giving a lift to the motion sensor maker's shares. Pac Crest, Wedge Partners, and most recently Goldman have already reported of an iPhone 5S design win for InvenSense; Goldman added it thinks InvenSense "holds a cost advantage and a clearer roadmap for advanced products," than archrival and historical Apple supplier STMicroelectronics (STM), and also raised the possibility of iPad and low-cost iPhone design wins. Read comments

