NEW YORK, Sept. 24, 2014 /PRNewswire/ -- Apple has reportedly sold more than 10 million new iPhone 6 and iPhone 6 Plus in its first three days of sales – surpassing their previous record of 9 million new iPhones (5s and 5c models) in its first weekend. Given the high demand for Apple's phones, many analysts and investors continue to look for complementary opportunities in companies that supply the various component parts to these phones. One such supplier is InvenSense, Inc. (NYSEMKT: INVN).
InvenSense, Inc. designs, develops, markets, and sells Micro-Electro-Mechanical Systems (MEMS) sensors – such as accelerometers, gyroscopes, and microphones – for consumer electronics. The company targets applications in smartphones and tablets, console and portable video gaming devices, digital still and video cameras, smart TVs (including digital set-top boxes, televisions and multi-media HDDs), navigation devices, toys, and health and fitness accessories.
An in-depth analyst report on INVN that includes competitive analysis, financial statement analysis, valuation discussion, recent news and pricing action, analyst summary, and recommendation can be viewed by using the following link at no cost:
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