Apple has been loading up on NAND again according to Fortune magazine via Appleinsider. Typically this behavior happens the quarter before a new product introduction. At present it’s unclear what they want it for – a new iPhone? A flash netbook?
Allegedly there have been some quality control issues with Apple’s other NAND supplier, Hynix, but I am unable to confirm that at present.
Spot prices haven’t done anything for the last several days except bleed slightly lower. This explains the recent spot price strength and NAND’s stability relative to DRAM.