Just a wild guess so far. Apple was looking for low power components. Here is a copy & paste from the INVN site.
microphone portfolios build on a strong heritage of industry firsts, including continuous improvement of MEMS microphone SNR, ever-higher integration levels, and even lower power consumption. Technological advances like these have enabled machine speech recognition & active noise cancellation to become commonplace in consumer devices and other applications.
So are we now saying there are extra possible wins...although we already won tonight HUGH without any of these.
1) OIS (the big one) 2) barometer 3) microphone? If any or some of these hit...look out. We're looking at 30 per share without these. To be clear, are you saying the microphone could have INVN in it?
Strange things happen to stocks with the float inflated 50% by short sellers.
Their brokers do filthy things on their behalf to depress price.
Just saying..... I've seen it before.
Honestly I don't have the slightest clue. I would assume it was a package deal but I have zero understanding of the financial side of software. I do see a lot of similarities in the wording of the iPhone 6 specs and INVN's microphones though.
- Active noise cancellation with dedicated mic
- AirDrop file sharing
- Siri natural language commands and dictation
- iCloud cloud service
- iCloud Keychain
- Twitter and Facebook integration
- iBooks PDF reader
- Audio/video player/editor
- Document viewer/editor
- Photo viewer/editor
- Voice memo/dial/command
- Predictive text input
Add a microphone to the possible list. I just took a look at the specs and the wording is very similar to our dear friend INVN!
Quick question, circuitsareneeto. Of course INVN gave a deal on 1, 2 or 3 chips together but each chip will add plenty of revenue. The question: If INVN makes software you would think there is a license fee. Thoughts on that? Or do they give it to Apple free for buying several hundred million chips??
Thats exactly what i was thinking! They just bought in July two software companies that write the software for their products to tie them to work together! This company has a lot of potential!
Invensense makes the software that ties all their sensors together and I am sure Apple got a better deal by buying all of them. Invensense didn't move into that big new building for nothing! It isn't guaranteed but these wins sure appear a lot more likely than it did a day ago.
Tomorrow?? I'm thinking about staying up until premarket open here in Seattle to see if I need to put in some stop orders on my Oct. 18th 25 strike options. We could be at 30 by 12pm PST - Congrats desigel! I know a lot of long-term people on this board have to be SO happy tonight.
Thanks so much "circuitsareneeto" for the info and kind words. My 1st large bet since getting back into the market last year was a bunch of October 18th strike (25) INVN calls. Looks like we will blow way through 25 by pre-market quotes in a few hours!!! So you're telling me it's possible there is an OIS chip & barometer chip IN ADDITION TO the 6-Axis? Now 3 chips when people didn't think there may even be 1 chip would be AMAZING!!
OIS is an entirely different product. I feel it is a safe bet we got that one in the iPhone 6+, but you never know. Still waiting on the barometer too!!! Congrats to you as well!
The average volume is 2,816,360! This should be interesting to watch. I have been watching the short float percentage on Finviz and it has only dropped a percent in the past few days. Tomorrow might be buy to cover day for a lot of people. Me, I'm taking my Wife to breakfast and watching via cellphone.