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The company now appears ready to plough billions into its memory and display suppliers to guarantee supplies and keep its costs down.
CEO Lowell McAdams said cable's fiber infrastructure doesn't measure up to Verizon's future needs.
The iPhone 8's reported inclusion of several new technologies is expected to yield changes in Apple's supplier mix.
Jim Cramer is bullish on Corning, Hasbro, Procter & Gamble, and Salesforce.com.