Seems Merrill had his mind made up before the conference, Ralph's confidence based on the inside view and the actual facts he knows, seem to not influence Merrills views from the outside looking in. Basically Merril just says to much Apple concentration . I heard Triquint was doing well with Samsung and all top tier manufacturers. Merrill not getting more positive (at all) on Triquint is not based on the facts and opinions I heard on the conference. Sorry I have no link.
TQNT does supply Samsung and some Analyst is decreasing his S4 estimates. But, that only addresses that model as Samsung has other models; including less expensive models. While the cheaper models may affect Samsung profitability, they could actually be good news for TQNT as they probably don't lose much in these cheaper models and get higher sales.
We have been doing well with the volitility in the market to continue to stay at $7 range. I don't think we will see any big pop until we report Q3 earnings, but we might continue to move slowly up in anticipation of Q3. But, IF TQNT executes and delivers as Ralph seems to indicate, then a move back into double digits by end of the year is possible.