Will Finisar Finally Hit a Higher Gear? [The Motley Fool]
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Source: The Motley Fool
An Apple boost probably won't be enough for this maker of optical communication products. Finisar ( NASDAQ:FNSR ) has been finding it difficult to stage a comeback ever since it lost Apple 's ( NASDAQ:AAPL ) lucrative 3D sensing business to rival Lumentum last year. The company reportedly failed to get its technology ready on time, forcing the iPhone maker to look elsewhere to satisfy its hunger for these chips, and the fallout continues. Finisar management, however, is hoping for a turnaround as the year progresses. But will it be able to deliver this time, or will the company continue its trend of promising the moon to investors and then failing to deliver ? Image Source: Getty Images. Apple could give Finisar a boost this year Finisar failed to score the Apple win last year, but Cupertino was hard-pressed to stitch together a reliable supply chain for the 3D-sensing-equipped iPhone X. So Apple decided last December to write a $390 million c
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