"With OVTI, one can definitely see the good and bad side of winning Apple’s business," remarks...

|By:, SA News Editor

"With OVTI, one can definitely see the good and bad side of winning Apple’s business," remarks Williams Financial's Cody Acree, as he discusses OmniVision's (OVTI +2.1%) October quarter guidance for huge sales and record-low gross margins. Apple's enormous orders are accompanied by demands for cutting-edge parts that haven't been cost-optimized, hence the margin hit. Qualcomm (QCOM) and Cirrus Logic (CRUS) may be dealing with similar problems (I, II). (OVTI transcript)