When Apple (NASDAQ:
AAPL) quietly revealed that it wanted to
stop using Samsung supplies, many wondered if the company
could survive without its South Korean partner.
According to
Horace Dediu, the analyst behind the Asymco blog, Apple may have increased its 2012 expenditures by more than $2 billion to give Sharp -- a rumored Apple supplier -- a helping hand.
AppleInsider takes this speculation one step further by surmising that Apple poured $2 billion into the ailing display maker.
This news comes only days after Sharp executives admitted that they
may not recoverSNEFollow me @LouisBedigianBZ© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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