TQNT - Semiconductor Growth stock - IRA Consideration
Chip maker for iPad 2 / iPhone 5
Stock took a beat down with the market troubles recently. Should run up towards iPhone 5 release this summer IMO. Company was left out of iPhone 4 because they could not keep up with demand. They are now armed with more capability and will feature 4 chips per iPhone 5. They have 2 chips in each iPad 2. Great Growth Stock IMO. See financial growth below... Hopefully ACLS will be the next TQNT!
Period Ending Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Total Revenue 878,703 654,301 573,431 Cost of Revenue 527,865 445,721 387,471 Gross Profit 350,838 208,580 185,960 Operating Expenses Research Development 129,248 109,445 91,475 Selling General and 96,090 78,399 73,613 Non Recurring 9,360 4,109 34,757 Others - - -
Total Operating Expenses - - - Operating Income or L 116,140 16,627 (13,885)
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