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Monday, Jun 24
Apple (AAPL -3.3%) roundup: 1) Shares are near $400 thanks to Peter Misek's note and an equity...
Apple (AAPL -3.3%) roundup: 1) Shares are near $400 thanks to Peter Misek's note and an equity selloff. On top of reporting of high inventories (a reason for Wal-Mart's promotion?), Misek says checks indicate Apple's wafer starts at a Samsung fab used for app processor production "have likely been cut." 2) Global Equities claims "recruiters are seeing more and more employees from Apple applying for jobs" at other tech companies (previous). 3) TSMC (TSM) has scored a 3-year app processor deal with Apple, says Digitimes. Volume production of Apple's A8 CPU, said to use TSMC's next-gen 20nm process, will reportedly start after December. 4) The Supreme Court has rejected an appeal from Mirror Worlds to review an overturned $625.5M infringement ruling against Apple.