Cowell Remains Tethered To Apple But Investors Cheer Strong Earnings
The optical module maker is heavily reliant on the U.S. tech giant, which accounted for 99% of its revenue in the first half of the year image credit: Bamboo Works Key Takeaways: Cowell e Holdings reported
Cowell makes parts for Apple and just reported good earnings, even though almost all its money comes from Apple. When a company does well financially, it can be a sign its biggest customer is doing well too, but remember it's risky to depend on just one customer.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.