Audience is a US-based company that makes voice and audio processors for mobile products. In the past, Apple used Audience's audio technology in the iPhone, but that may change with the next iPhone model, says a report in Reuters.
Audience's CEO Peter Santos told Reuters in an email interview that, "Events of the last week in the normal course of business led us to believe that our technology is not likely to be enabled in Apple's next generation mobile phone."
This admission sent Audience's stock tumbling down 60 percent as mor
