Audience Inc. In Good Health despite Loss of App
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Posted On: 03/05/2013 11:30:54 AM
Audience Inc. In Good Health despite Loss of Apple Contract
In 2008 Apple (NASDAQ: AAPL) and Audience Inc. (NASDAQ: ADNC) entered into a strategic partnership that resulted in raised revenues for ADNC. In fact, the company admitted early in 2012 that Apple and its contract manufacturers Protek (PRTK: RTS) and Foxconn Technology Company Ltd (2354: Taiwan) represent about 80 percent of its revenue. Notably, Audience has its technologies invested in both the iPhone 4 and iPhone 4S.........
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