Wireless News
09-10-2014, 02:20 PM
Apple Inc's unveiling of larger iPhones and a mobile payments service led to contrasting fortunes for GT Advanced Technologies Inc and On Track Innovations Ltd. Shares of GT Advanced plunged a second day on Wednesday after it emerged that the company's scratch-resistant sapphire glass had been left out of Apple's new large-screen iPhones. Stocks of mobile payment service providers such as On Track rallied after Apple introduced the long-awaited tap-to-pay technology on its latest iPhone and smartwatch on Tuesday. The addition of the mobile payments service is expected to boost sales of the latest iPhones and help Apple claw back market share lost to mobiles running on Google Inc's Android platform.
More... (http://news.yahoo.com/apple-effect-track-innovations-soars-gt-advanced-slumps-180910242--sector.html)
More... (http://news.yahoo.com/apple-effect-track-innovations-soars-gt-advanced-slumps-180910242--sector.html)