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Apple Claiming to be surprised over recent GTAT News

10. News
Yesterday a Reuters report stated that "The financial implosion of Apple supplier GT Advanced Technologies Inc. this week offers a dramatic illustration of how the iPhone maker can put the screws to suppliers willing to take a short-term risk for future riches." Today, Reuters is reporting that even Apple was surprised by supplier GT Advanced Technologies' bankruptcy filing this week, and is now considering its next steps.


Reuters further noted that Apple's Public Relations Director Chris Gaither stated that "We are focused on preserving jobs in Arizona following GT's surprising decision and we will continue to work with state and local officials as we consider our next steps."




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