Broadcom (AVGO) plans to sell one of its wireless chip units. The Wall Street Journal stated that Broadcom wants to divest its radio-frequency segment.
Amid speculation that Apple plans to launch a low-cost iPhone in early 2020, noted analyst Ming-Chi Kuo expects the smartphone to be called the iPhone SE 2.
Tech stocks Qorvo (QRVO), Fortinet (FTNT), and Arista Networks (ANET) just reported earnings and are big movers in today’s after-hours trading session.
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.
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.
The BAML survey highlighted the fact that investors are very bearish on growth expectations. A net 50% of the respondents expect global growth to weaken over the next 12 months. A record number of investors said that the global economy was in the late cycle.
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.
However, the growth might not be that strong this year, as Broadcom’s fiscal Q4 2018 wireless revenue represents a 10% decline on a YoY (year-over-year) basis.
Apple (AAPL) made several changes in its iPhone suppliers in 2018. It completely ditched its long-term modem supplier Qualcomm for Intel (INTC) due to licensing disputes with the former.
Apple (AAPL) is replacing some of its Taiwanese suppliers with Chinese (FXI) suppliers to reduce production costs for its less expensive iPhones and MacBooks.
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.
Apple (AAPL) earns more than 60% of its revenues from its iPhone line. In this series, we’ll see how its manufacturing and supply chain affects its earnings.
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.
Broadcom’s wireless communications segment In the previous part of this series, we saw that Broadcom (AVGO) is expected to witness flat revenue in its wired infrastructure segment. This revenue could partially offset seasonal declines from wireless communications segment, which accounts for 32% of the company’s revenue. The wireless segment offers wireless connectivity and custom analog handset […]
In fiscal 4Q16, Qorvo’s revenue from IDP rose by 9% quarter-over-quarter to $142 million, accounting for 23% of the company’s revenue. The increasing demand for data is driving the IDP 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.
On April 26, 2016, Apple announced its fiscal 2Q16 results. Its revenues of $50.6 billion were lower than analysts’ consensus estimate of $51.5 billion.
The Fidelity Series All-Sector Equity Fund was founded in October 2008 and has an expense ratio of 0.67%. Shares of this fund are offered only to certain other Fidelity funds.
Apple is TSMC’s major customer in the communication segment. The recent production scale-back by Apple in December 2015 affected TSMC’s fiscal 4Q15 revenue.
Taiwan Semiconductor Manufacturing Company’s fourth quarter earnings fell for the first time in four years due to slowdown in demand for high-end smartphones.
Shares of Skyworks Solutions (SWKS) fell 4.5% to $62.16 on January 13, 2016. Investors believe that the JV will pose a substantial threat from a stronger Qualcomm.
The RFFE space is projected to be an $18 billion market by 2020, according to Qualcomm. The filter assets in RF360 Holdings, the new joint venture, will be among the top three in the industry.
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.
