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Fly News Breaks for January 23, 2020
SSNLF, AAPL, WDC, SIMO, MU
Jan 23, 2020 | 09:44 EDT
Cowen analyst Karl Ackerman's field work across the memory supply chain indicates entry level configurations of DRAM and NAND are 50% and 100% higher, respectively, for premium tier 5G handsets launching this year from Samsung (SSNLF), Huawei and Apple (AAPL). This is causing supply tightness and should put upward pressure on average selling price contracts, Ackerman tells investors in a research note. The analyst sees Micron Technology (MU) and Silicon Motion (SIMO) as the largest beneficiaries, though he notes that Western Digital (WDC) is also well positioned. While investors generally understand new smartphone launches should reduce excess memory inventory, many do not yet fully appreciate the incremental memory content on new 5G flagship launches in 2020, contends Ackerman. He thinks 5G smartphone build plans are "quickly soaking up excess inventory" that should accelerate demand and enable revenue and profitability to materially improve for memory providers the next few quarters.
News For MU;SIMO;WDC;AAPL;SSNLF From the Last 2 Days
AAPL
Mar 28, 2024 | 12:20 EDT
Technology Analyst Kulkarni, along with Grand Simmons, VP of Kochava, a leading mobile measurement firm, discuss how Apple's SKAdNetwork (SKAN) evolved over the past three years on an Analyst/Industry conference call to be held on March 28 at 1 pm. Webcast Link
AAPL
Mar 27, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here
WDC, AAPL
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here