SAPPHIRE SCREEN FOR APPLE IPHONE 6 COULD BE A REAL GEM $AAPL $GTAT $GLW
Apple loves sapphire. The iPhone 5S has a sapphire cover over the fingerprint reader and also over the camera. Recently, Apple announced a multi-year agreement with GT Advanced Technologies (GTAT) to produce sapphire on a large scale at an Apple facility in Arizona.
Under the agreement, Apple is advancing $578 million to GT and GT will employ over 700 people at Apple’s Arizona facility to manufacture sapphire. The investment, although puny compared to the cash hoard atop which Apple sits, indicates to me that Apple is doing more than contracting with GT for camera covers and quite likely moving forward to device screens made of sapphire instead of glass.… Please click here or the title below to read more.
November 18, 2013