Seeking Alpha

There has been very little doubt, in perusing the LinkedIn (LNKD) profiles and job postings over at Apple (AAPL), that Apple was indeed building its own GPU. Now as a shareholder in Imagination Technologies (OTCPK:IGNMF), this had been a "ticking time-bomb" for which I have been bracing for. However, a press-release from Imagination today seemed to quell these fears. Indeed, it looks as though Apple and Imagination have extended their multi-year GPU and video licensing agreement in today's announcement.

Imagination Is Now An Easier Buy

With the Apple 'risk', there was real concern that a good ~200M+ units would eventually disappear if Apple were to introduce its own GPU, but...

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