Thought possible to use 6 inch wafer to fashion case for mobile phones, but no indication RBCN has orders for that massive use of sapphire. Improved sales and profits coming from price increases in 2 and 4 inch wafers, the same dynamic that led to outsized profits in 2011. However, those are the product lines RBCN stopped growing to concentrate on 6 inch. Acceptance of 6 inch still weak, perhaps due to necessity to increase thickness of wafer for strength in handling. Manufacturers happy to stay with processing euipment for 2 and 4 inch wafers and not invest in the equipment to process 6 inch I suppose. What will conference call say?
RE "Improved sales and profits " LOL wrong! PR said sales will be about the same (~$10 million) and EPS of a loss between $.20 and $.24 cents. Only reason this stock trades over $5 is short squeeze, and that has to end sometime.