More on OmniVision: FQ1 guidance is for revenue of $355M-$390M and EPS of $0.35-$0.52, above a consensus of $347.2M and $0.29. FQ4 revenue fell 21% Y/Y, likely due to lower Apple orders. Gross margin was 17.5% +60 bps Q/Q and -500 bps Y/Y. Opex +3% Y/Y. Is the strong guidance a sign of a design win for the expected low-cost iPhone? OmniVision is already designed into the iPhone 5, 4th-gen iPad, and iPad Mini. OVTI halted, CC at 5PM ET (webcast). (PR)
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