Aug 26, 2011

OmniVision's Weak Guidance Hints at Shift to Sony for iPhone 5 Camera?


Apple's longtime camera sensor supplier for its iOS devices, OmniVision Technologies offered very weak guidance for the cunnent quarter! What doesthis mean? Apple is shifting to Sony for the iPhone 5 camera?

"For FY [Q2], the company sees revenue of $255 million to $275 million, and non-GAAP profits of 52-64 cents a share, well short of the Street consensus at $306.4 million and 82 cents. 

The company gave no explanation in the release for the weak forecast; I would note that there has recently been speculation that the company may have lost some of its Apple business to Sony."

It was said that both suppliers will offer 8 megapixel cameras but it seems OmniVision will not be able to deliver because of some difficulties and so Apple is heading for Sony to do the job!


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