Liquidmetal Technologies Inc (LQMT)

[hiksan]

Based on previous tear down report of iPhone 7, the cost of the Aluminium case is quoted at $ 22. Let's assumed that LQMT quoted at $15, iPhone 8 forecast estimated to be in the 200 million units ball park. The revenue we're talking about just for iPhone 8 is $ 3 billion. Let's assumed the profit margin ~ 30%. We'll be looking at ~ $ 900 million. Translate to EPS, it'll be ~ $1. The PPS should be close to $ 30.