Member Info for Crystal_Balls

IMG IP is within many Apple products iPhones, computers, watches, TVs even first fix IOT - so they're not going to give 65m every year for IMG to 'do nothing' but reap the royalties! That's a good business move but you need to have in place an alternative set of designs (created from scratch) and patents (non pending!) so Apple will be paying IMG after these next two years at a diminishing amount but definitely still paying! They say they've been developing alternate Designs to PowerVR for five years(?) even if they have a better design (very debatable) they need a set of brand new products before they stop paying IMG! A big payoff is on the way say £200m to buy out IP legacy - in the meantime IMG make new partners - who weren't interested when Apple were pulling the strings (which they've already done). This could even end up better than a 'disaster'. GLA

They can't just design out the IP using ex employees! It would have to be bought out - big sum of money - IMG IP is watertight - granted they don't have the money for a fight but the law is the law. As I've said I think Apple want IMG to come grovelling to the table! They treated Qualcomm the same and are still in a fight with them.

The city has decided this is worth 100p as it dropped to immediately - they are no more right than you or me until there is news - my suspicion is that this isn't the last we'll hear from Apple and their next move will be a bit more conciliatory as I truly think as much as their move was obviously considered, its a retaliation to IMG not playing ball with Apple's attempts to purchase IMG last year - casting their vast shadow. I think there's a large payment coming but it will take a while to arrive. Need to wait for more news - IMG aren't sunk they're doing very well on other fronts.

A lot of you guys called this much better than me - well done if you did - I'm 90% out - made 5k - was looking at 15k profit last night! - not sure where this will end - undoubtedly very volatile until news - I;m still convinced this is too low a SP even given the present loss of revenue - Apple just want IMG around the table.

Think it needs a dip in order to rebound strongly! Luckily sold nearly half last week as it looked like a grind down. Prepared to buy back at perhaps 210 Ish. Pumped a fair bit into IMG technologies where I used to work, after Apple 'say' they'll stop using some of it's tech - they've since gone up 20-30%. I'm not advocating a buy - it's just that the boo boys are in over there i.e. day traders who missed out on a large rise! I think it just might have another 20% in it. GLA

I liked that little rise of the 4pm low - still going up tomorrow IMHO - GLA

If your a day or swing trader - Apple have made a terrible opening gambit here - wait until IMG CEO speaks.

Hang on to this for at least this week. :)

For Apple to 'design out' IMG IP 'clean room' style would be tremendously difficult legally IMO - The first time they lay down some fresh silicon IMG would be all over it! I think they've lost the plot - too much money and a bullying culture - Bring on Samsung for IMG - breath of fresh air. BUY

This opens the door for Samsung both with PowerVR and Furion - they didn't want to know when it was an Apple puppet! - BUY

Me and my big mouth! Managed to sell a few as it looked like a sell off when the Dow opened - 218 for the bounce? I think this will still grind up throughout the summer as long as Trump isn't impeached!

This baby's only going one way - admittedly a little erratically!

About now it seems!

Citibank: We’re nearing a bull market for oil http://www.usatoday.com/story/money/2016/07/16/citibank-bullmarket-oil/87026718/ Oil price I would imagine will get a jolt up Monday even of Coup has been tranquillised.

I'm trying to sell but get the feeling there's more in this in the run up to the divi.

Anyone know the next technical support level?

I think you're right!

Reached my target price - thinking about selling and buying barclays at 138 today! Dilemma however as think this will be nearer 4:50 by end of year.