Unless you're talking about Amazon.com's
While the chipmaker noted strong fourth-quarter gains for its TrueTouch capacitive technology for touchscreens, bookings for the first quarter came in light thanks, in part, to unreliable tablet sales.
As Cypress stated in its earnings press release, with emphasis added:
Our book-to-bill ratio for Q4 was 0.58, a decrease from that of Q3 and less than the normal seasonal figure. Consequently, we expect Q1 revenue also to decrease at a rate greater than normal. The expected decrease in revenue includes not only the seasonal factor, but also some revenue decreases due to tablet end sales.
Translation: We didn't supply anything to Amazon, and the rest of the Android tablet suppliers are also-rans when compared with the iPad.
Too harsh? Possibly, but Atmel
To be fair, Android tablets have long suffered from a software gap with the iPad. Google's
You might even say founder and CEO T.J. Rodgers is doing all he can. In November, Cypress certified TrueTouch for NVIDIA's Tegra 3 chip design for tablets, creating what should be a compelling hardware alternative to the iPad.
TrueTouch is also embedded into Research In Motion's PlayBook and Apple's
Playing the tablet revolution doesn't have to mean settling on just one stock. The Motley Fool recently created a special report that identifies three "hidden" stocks positioned to profit from the rise of smartphones and tablets. It's yours free, but only for a limited time, so take a look today.
Add Cypress Semiconductor to My Watchlist for up-to-the-minute Foolish coverage of the stock and your entire portfolio.