Sapphire company CEO sold $160,000 in stock days before iPhone 6 reveal

Ars Technica
By Andrew CunninghamOct 7, 2014, 3:25 pm389 pts
GT's stock rode high on the iPhone rumors for months, but it dropped when the new iPhones launched without sapphire and fell down a hole when it announced the bankruptcy filing. GT Advanced Technologies, the company Apple currently relies on for sapphire in its iOS devices, filed for Chapter 11 bankruptcy…

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