‘Watch’ Out: Apple, Chip Supplier NXP Near Buy Range

By | May 22, 2015

Scalper1 News

Apple (AAPL) and its chip supplier NXP Semiconductors (NXPI) are getting closer to buy territory on the stock market today. Earlier this week, a Morgan Stanley report said that Apple iPhone demand is ahead of expectations for the June quarter. That’s good news not only for the iPhone maker itself but also for its suppliers. Apple shares are edging back up near a 133.70 buy point from a flat base. The stock tried to clear that pivot on April 28, Scalper1 News

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