Seeking Alpha

OTIV jumps on iPhone NFC report; NXPI near breakeven

NFC reader vendor On Track Innovations (OTIV +7.8%) is up sharply following a Wired report stating the iPhone 6 (NASDAQ:AAPL) will feature an NFC radio and support a new mobile payments platform.

VentureBeat and others have already reported the iPhone 6 will support NFC. Likewise, there have been multiple reports stating Apple is prepping a mobile payments service, and Tim Cook has hinted payments are an area of interest for his company.

Top NFC chip supplier NXP (NXPI -0.2%) might also benefit if the iPhone 6 supports NFC. While many Android OEMs have embraced the technology, Apple has remained a holdout, and (with early NFC-based payments platforms seeing limited uptake) has even questioned NFC's practical value.

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Comments (4)
  • 27975573
    , contributor
    Comments (321) | Send Message
    (NASDAQ:OTIV) is just one of a few possible derivatives that benefit from Apple's new
    product launches. Whether it be the iphone, iwatch or newer and bigger ipad.


    The further integration of wireless functions; energy harvesting capabilities
    and ecosystem synergies will potentially benefit companies such as Sierra Wireless(NASDAQ:SWIR) and/or InVensense (NYSE:INVN) or STMicroelectronics (NYSE:STM).
    Just to name a few.....which one will become most prominent because of Apple??....I do not know.....thus I will spread my bets.I do know that all these companies are about to benefit from many forces of thefuture.....the internet of things, wearable technology; and the need for furtherinformation....... anywhere.
    Long SWIR, INVN, STM and of course AAPL.
    28 Aug 2014, 11:55 AM Reply Like
  • seekfind123
    , contributor
    Comments (54) | Send Message
    27975573, have you taken a look at INVE? More speculative, but an interesting play.
    28 Aug 2014, 12:42 PM Reply Like
  • Hardog
    , contributor
    Comments (15923) | Send Message


    You have some real interesting specs there, hope u make out on all of them,
    28 Aug 2014, 04:24 PM Reply Like
  • 27975573
    , contributor
    Comments (321) | Send Message
    Sure have..... I am playing with long taken Apple profits
    Still have some though....
    However, the technologies that these spec plays are developing
    go way beyond any one Apple device.
    28 Aug 2014, 06:36 PM Reply Like
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