HFA Icon

GT Advanced Technologies Inc Contract Looks Like Bad Deal From Start

HFA Padded
Mark Melin
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

If there is a hall of fame for the worst negotiated, most one-sided business deals in history, those who negotiated on behalf of GT Advanced Technologies Inc (OTCMKTS:GTATQ) with Apple Inc. (NASDAQ:AAPL) might be put in this dunce hall of fame.  Perhaps for this reason the agreement is being kept secret by both parties, while Dow Jones is reported to be asking that the record be unsealed.

GT Advanced Technologies GTAT

GT Advanced claims production cost increasing is Apple's fault

The experts at producing sapphire crystal, GT Advanced, who develop and market the core equipment that produces the product, now claim they got into a one...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.