• DumpsterDiver
    So let's say $AAPL kick-starts a wave of demand for sapphire in phones. $GTATQ can only sell to them. Who do the other phonemakers buy from?
    3/21/14
    Reply (16)
    • DumpsterDiver: I'm remembering the way $AAPL's original iPhone-exclusivity deal with AT&T allowed Android to flourish by selling to other carriers...
      3/21/14
    • DumpsterDiver: Curious what other sapphire producers could hypothetically flourish by selling to Apple's competitors while GTAT's production is locked up.
      3/21/14
    • MellowGuy: $RBCN has bigger slabs than $GTATQ.
      3/21/14
    • DumpsterDiver: Thanks. Do you know if their quality/clarity/purity is sufficient to allow for slicing off screen covers?
      3/21/14
    • DumpsterDiver: (I'm basically looking for side bets to make if Apple starts hyping sapphire to the heavens and forces their competitors to mimic them....)
      3/21/14
    • millsy1: Ceo tg said its not true that they can only sell to aapl, can sell to anyone, link to cnbc interview http://cnb.cx/1fN04rf
      3/21/14
    • millsy1: Dump, i watched the interview and was typing out the highlights on Stocktwits as he was speaking, IF they can keep up wih aapl orders 1st
      3/21/14
    • DumpsterDiver: The interview does not say that. (At least not the segment linked above.) And I believe you're referring to sales of furnaces, not sapphire.
      3/21/14
    • DumpsterDiver: Check the statement of risks in their 10-K: "In connection with our agreements to supply sapphire material to Apple, we also agreed that..."
      3/21/14
    • DumpsterDiver: "... we would not directly or indirectly provide sapphire material, sell ASF systems to customers that would generate sapphire material..."
      3/21/14
    • DumpsterDiver: "..., or provide licenses or services pertaining to our sapphire technology or related intellectual property to any company other than..."
      3/21/14
    • DumpsterDiver: "... Apple in each case for use in certain applications, including consumer electronics (subject to certain exceptions)."
      3/21/14
    • DumpsterDiver: We don't know what the "certain exceptions" are, admittedly, but otherwise it's pretty clear.
      3/21/14
    • pocohonta: Apple is trying to corner the sapphire market. Screw diamonds! sapphire iPhone is a girl's NEW best friend.
      3/21/14
    • DumpsterDiver: I agree that's what Apple is trying to do. I'm just trying to figure out who their competitors could go to for sloppy seconds. :)
      3/21/14
    • DumpsterDiver: Apparently JP Morgan was thinking along the same lines... Guess I should've pulled the trigger on this theory during RBCN's dip. Oh well.
      4/1/14