Monday, September 09, 2013 10:49:38 AM
Keep in mind that apple doesn't buy aluminum to make iPhones. They contract with Catcher Texhnologies and Catcher procures the aluminum to fulfill the order.
Though LQMT will receive no money from Apple, I believe Materion and Visser will be procuring the alloy (on behalf of Apple) and LQMT will still get a small cut from their partners. I don't fully believe they have away the farm. I just believe it was worded in a way to state that LQMT will not receive further revenue from Apple. They will receive it from their manufacturing partners instead.
Your thoughts?
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