10-08-2013, 02:50 AM
Thanks for that, Henhill. Now, it turns out, they might have Apple as a client after all:
InvenSense higher following bullish Evercore, Craig-Hallum notes • 10:30 AM
After making Asian supply chain checks, Evercore's Patrick Wang says he believes InvenSense's (INVN +3.7%) motion sensors are now "ramping at Apple." Shares sold off last month after iPhone 5S teardowns failed to uncover InvenSense sensors.
Meanwhile, Craig-Hallum is talking up InvenSense's non-Apple design win activity. The firm thinks InvenSense has been designed into Amazon's latest Kindle Fires and Samsung's Galaxy Gear smartwatch (previous), among other products.
26.7% of the float was shorted as of Sep. 13.
InvenSense higher following bullish Evercore, Craig-Hallum notes • 10:30 AM
After making Asian supply chain checks, Evercore's Patrick Wang says he believes InvenSense's (INVN +3.7%) motion sensors are now "ramping at Apple." Shares sold off last month after iPhone 5S teardowns failed to uncover InvenSense sensors.
Meanwhile, Craig-Hallum is talking up InvenSense's non-Apple design win activity. The firm thinks InvenSense has been designed into Amazon's latest Kindle Fires and Samsung's Galaxy Gear smartwatch (previous), among other products.
26.7% of the float was shorted as of Sep. 13.

