Is Fusion-io (FIO -4%) another victim of Apple's FQ1 report? The server flash memory hardware...

|By:, SA News Editor

Is Fusion-io (FIO -4%) another victim of Apple's FQ1 report? The server flash memory hardware maker did receive 56% of its revenue from Apple and Facebook in the September quarter. However, as CFO Peter Oppenheimer noted on the earnings call, Apple is still committed to spending ~$10B in capex in FY13, of which $9B will be unrelated to retail. Fusion-io's FQ2 report is due on Jan. 30.