Apple Spends $3.9 Billion on Secret Contracts

secret deal

At Apple’s financial report revealed yesterday there is might be found evidence that Apple has entered into secret long-term contract with suppliers of key components. The contract concerning the key strategic resources used in Apple’s products going into the future is worth $3.9 billion. Apple’s officials mentioned that the deals are similar in nature to the flash memory deals made in late 2005 concerning flash memory supply for many of Apple’s portable devices including the iPhone and then the iPad. According to some websites, the most likely component, which might be the subject of the recent deal, is high density display that Apple uses in its iPhone 4 and the fourth generation iPod Touch.

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