Cirrus Logic Inc
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Correlation between Samsung, Apple, and Semis
Apple and Samsung plan to release their earnings on October 30 and 31, respectively. YoY, Apple expects flat revenue, and Samsung expects a 5.3% decline.
Apple Chip Supplier Stocks Rally Ahead of iPhone Launch
It’s that time of year—Apple (AAPL), the world’s largest handset maker by revenue, is launching its new iPhones. Apple chip supplier stocks have rallied.
Semiconductor Stocks Hit by China Trade War Escalation
This earnings season, semiconductor companies mitigated the Huawei ban by identifying components that didn’t risk national security.
What to Expect from This Week’s Semiconductor Earnings
So far, semiconductor earnings have raised investors’ expectations about growth in the second half and next year.
Stocks of Apple Suppliers Fall on SWKS’s and QRVO’s Weak Guidance
Apple and its chip suppliers reported further falls as systems suppliers Skyworks and Qorvo reported weaker-than-expected guidance.
Weakness Continues to Plague Apple’s iPhone Sales
As per the latest report on January 9, Apple is cutting the production of its latest iPhone models by ~10% in the first quarter.
Will Apple Announce a Reduced Outlook for March Quarter?
Apple (AAPL) stock has lost 33% in the last three months.
Another Apple Supplier Reports Declining Revenues—What’s Next?
Today hasn’t been a good day for Apple (AAPL) supplier Largan Precision in Taiwan. It reported about a 29% decline in its revenues in its latest earnings report.
Apple Influences Revenue for Skyworks and Cirrus Logic
Cirrus Logic supplies high-quality sound technology like codecs and amplifiers for all Apple products.
How Apple’s New iPhone Models Could Affect Semiconductor Players
Things have been slow for the semiconductor industry in 2018 after rapid growth in 2017.
Analysts Split Opinions on Apple’s New iPhone Models
On September 12, Apple launched three new iPhones—the premium iPhone XS Max, the iPhone XS, and the base version iPhone XR.
Apple Reduces Its Dependence on Chip Suppliers
Dialog stated that Apple will reduce its order 30% this year and source PMICs for one of its iPhone models from another supplier.
Apple Does the Tango
Apple is up over 2% in the after-hours trading session following the release of its Q2 2018 results.
Which Semiconductor Companies Are Potential Acquisition Targets in 2018?
Analysts at Morgan Stanley and KeyBanc Capital Markets have listed Cypress Semiconductor (CY) as a potential acquisition target.
Why AMD and Intel Are in the Top 5 Most Volatile Semi Stocks
Short-term investors and traders are interested in highly volatile stocks as they look to profit from strong price movements through options trading.
How Apple’s In-House Chip Strategy Affects Semiconductor Companies
Dialog Semiconductor stated that it has agreed to supply chips to Apple in 2018. It added that it has started designing chips for Apple’s 2019 products.
A Look at Chip Suppliers with High Exposure to Apple
KeyBanc estimates that Cirrus Logic and Skyworks Solutions could earn $0.05–$0.08 in earnings per share for every 5 million iPhone 8 and iPhone X models sold by Apple.
Is Apple Seeing Demand for 2017 iPhone Models?
The constrained supply of the iPhone X is making it difficult to assess the true demand for the device.
Apple Suppliers: Why Their Stocks Fell on December 6
The stock of Apple (AAPL) iPhone lens manufacturer Largan Precision fell 10% on Wednesday, December 6, 2017, after it announced that revenue for December 2017 is expected to decline.
Where Is Micron Focusing Its Storage Business?
Micron’s Storage business unit Micron Technology (MU) witnessed strong growth in its largest business—Compute and Networking. It also witnessed strong double-digit growth in its second-largest segment, SBU (Storage Business Unit), which serves client and enterprise laptops, cloud, and traditional enterprise servers. It offers a mixed blend of DRAM (dynamic random access memory) and NAND (negative […]
Apple’s Suppliers and Their Stocks: Correlation to Apple Exposure
A heavy dependence on a single customer exposes a company to big risks. These suppliers often trade at lower price multiples.
Why Did H.B. Fuller’s Construction Products Revenue Fall?
H.B. Fuller’s (FUL) Construction Products segment reported revenue of $64.4 million in 3Q16, which is 12.6% of the company’s total revenue.
Shares of Apple’s Suppliers Fall over iPhone Concerns
On July 5, 2016, shares of Apple’s suppliers, including Skyworks Solutions, Qorvo, and Cirrus fell over concerns about the iPhone.
What Does Apple’s Buyer Cycle Indicate?
One of the key drivers of Apple’s (AAPL) iPhone’s quarterly sales is the amount time it takes for iPhone users to upgrade their phones.
Weak Apple iPhone Sales Hit Analog Devices’ Fiscal 3Q16 Guidance
Apple has been in focus for its iPhone production. Its decisions have been affecting its semiconductor suppliers such as Skyworks Solutions and Analog Devices.
What’s the Latest on Apple’s New iPhone 7?
Several reports have been circulating in China that Apple may launch three models of its new flagship phone: iPhone 7, iPhone 7 Plus, and iPhone 7 Pro/iPhone 7 Plus Premium.
Rumor: Apple Orders Higher Production Volumes for iPhone 7
With stressed iPhone 6s and 6s Plus sales, all suppliers have high hopes for Apple’s upcoming flagship product, the iPhone 7. It’s scheduled to launch in September 2016.
What Impact Does Apple Have on Texas Instruments’ Revenue?
Apple scaled back iPhone production from December 2015 to June 2016. That caused Texas Instruments’ revenue to fall 2% YoY in fiscal 4Q15 and 5% YoY in fiscal 1Q16.
Why Power Semiconductor Companies Had a Slow Start to 2016
The March 2016 earnings season was seasonally slow for the power semiconductor market. The biggest pending merger in the market is between Fairchild Semiconductor (FCS) and ON Semiconductor (ON).
Will Apple’s Slowing iPhone Sales Impact Cirrus Logic?
Like Skyworks, Cirrus Logic improved its non-GAAP gross margin from 46.6% in fiscal 4Q15 to 49.8% in fiscal 4Q16 due to a favorable product mix.
What Does Qorvo’s CEO Think about Apple’s Growth?
Qorvo’s (QRVO) fiscal 4Q16 earnings came as a surprise as its fellow Apple suppliers Skyworks and Cirrus Logic (CRUS) reported weaker earnings. This turn of events made some analysts pessimistic about Qorvo’s earnings.
Slowing Smartphone Sales Impact Samsung’s Earnings
Semiconductor stocks have been falling in 2016. A major player hit by this trend has been Korean smartphone maker Samsung.
Why Did Skyworks Shares Rise despite Lower Guidance?
kyworks Solutions’ (SWKS) shares rose ~4% at $67.21 in the after-hours trading session on January 28 despite the company reporting lower-than-expected guidance
TSMC Expects Fiscal 1Q16 to Replicate Fiscal 4Q15 Earnings
Taiwan Semiconductor has posted a flat guidance for fiscal 1Q16 as its major customer—Apple—scaled back the production of its iPhone 6s and 6s Plus devices.
Lower Revenue Guidance for Analog, Qorvo, and Cirrus Logic
Analog announced that it expects its revenue in fiscal 1Q16 to be $745–$765 million due to weaker demand in its portable consumer business segment.
Surprise in Store: AMD’s Fiscal 4Q15 Earnings
On average, analysts expect AMD to post an EPS (earnings per share) of -$0.12 in fiscal 4Q15. It’s better than the EPS of $0.47 in fiscal 4Q14.
Why Qorvo May Still Look Good despite Weak Guidance
Many analysts have maintained a “Buy” rating for Qorvo as it still shows strength in various areas and as the sales of other Apple products remain strong.
