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Wednesday, September 12, 2012

Buy RFMD on iPhone5

Edward Snyder of Charter Equity Research said he sees RF Micro scoring the largest percentage gain with the release of the iPhone. The company has “seen such a rapid ramp at Apple and has tripled its content to $1.05 from about 30 cents in the iPhone 4S,” he wrote.
Acree also cited RF Micro, saying in a note, “We believe the company has a solid line-up of key marquee design wins that should provide strong growth in the December quarter, for both revenue and the firm’s share price, Apple’s iPhone 5 being at the top of this list.”

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