Dropping the Ball on Gorilla Glass

If you ever wanted to know what it's like watching a company like Corning (NYSE: GLW  ) demonstrate at a huge consumer electronics show, now's your chance. But first, some backstory.

When Apple (NASDAQ: AAPL  ) was developing the iPhone, Steve Jobs was disappointed that the keys in his pocket were scratching the plastic screen on the prototype. He then went to Corning, asked for a solution to the problem, and thus Gorilla Glass was born. On 33 brands and a billion devices worldwide, it's probably covering your own smartphone or tablet.

In January, Corning unveiled the new Gorilla Glass 3 at the International Consumer Electronics Show in Las Vegas. Our Rex Moore was there, and in this video shows you exactly how the company demonstrated the product's strength.

What's your bottom line?
With the explosive growth of smartphones worldwide, many investors thought they would ride Corning's dominant cover glass to massive investment returns. That hasn't played out yet, as mobile growth has failed to offset declines in the company's core business. In this brand-new premium research report on Corning, our analyst walks through the business, as well as the key opportunities and risks facing it today. Click here to claim your copy, and receive a full year of updates as key events unfold.


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  • Report this Comment On March 04, 2013, at 7:37 AM, jdmeck wrote:

    The actual story is that Steve literally had them pull the project out of the trash.

  • Report this Comment On March 04, 2013, at 5:01 PM, Retaility wrote:

    The street reiterates this as a hold with a c+ rating on Friday and then today the stock is a buy with no news. The pumps have been turned on. Bottom line, Corning has stagnant growth even with a blockbuster like gorilla glass. A very small amount is used in phones and even tablets. Until they make something as large as television screens out of it, the stock will be sitting at the same price in a year from now

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