eduserrano
Member
It seems that momentum is growing for the Nand Memory. I just read this on Forbes Online. The deal will secure Apple with supply until 2010.
Associated Press
Apple Enters Long-Term Supply Agreements
11.21.2005, 09:35 AM
Apple Computer Inc. said Monday it will prepay $1.25 billion during the next three months for flash memory components as part of long-term supply agreements with several companies.
The maker of the iPod said it wants to produce the portable digital music players as quickly as the market demands.
Apple entered the agreements with Intel Corp., Hynix Semiconductor Inc., the Micron Group, Samsung Electronics Co. Ltd. and Toshiba Corp. The agreements will ensure flash memory supplies through 2010, the company said.
Apple shares rose 19 cents to $64.75 in premarket trading.
Associated Press
Apple Enters Long-Term Supply Agreements
11.21.2005, 09:35 AM
Apple Computer Inc. said Monday it will prepay $1.25 billion during the next three months for flash memory components as part of long-term supply agreements with several companies.
The maker of the iPod said it wants to produce the portable digital music players as quickly as the market demands.
Apple entered the agreements with Intel Corp., Hynix Semiconductor Inc., the Micron Group, Samsung Electronics Co. Ltd. and Toshiba Corp. The agreements will ensure flash memory supplies through 2010, the company said.
Apple shares rose 19 cents to $64.75 in premarket trading.