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НТЕ Message Board

  • gman1976805 gman1976805 Aug 30, 2013 6:16 AM Flag

    Extension of production order

    12 million more units for period ending in December. It looks like Japan Display is having a bit of a tough time setting up their new supplier on time and at a lower cost than NTE.

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    • topline1 Aug 30, 2013 10:46 AM Flag

      Yes and every extra unit beyond now should be considered gravy. They be using the cash generated to move into new opportunities.

    • given the stock performance in recent weeks and early news about TWO new IPhone models hitting the market in September this was actually pretty much expected.

      While it is unlikely that the IPhone 5S will be a huge winner (the tiny 4" screen will continue to hamper sales no matter what other technical innovations Apple might put into the phone) the real wildcard is the IPhone 5C which could become a huge success albeit almost certainly at the expense of the IPhone 5 / 5S.

      So I still don't see a way for NTE to get out of the lose / lose situation. Sell.