Skyworks Solutions Inc
Apple Supplier Stocks Rise despite iPhone Revenue Falling 15%
Yesterday, Apple (AAPL) announced its fiscal 2019 first-quarter earnings, just beating its lowered revenue guidance.
Semiconductor Stocks Fall as Trump Imposes Ban on Huawei
Semiconductor stocks fell once again as President Trump played another card in the United States’ trade war with China.
What Will Drive Growth in the Industrial Semiconductor Market?
The demand for industrial semiconductors will be driven by the LED (light-emitting diodes) lighting sector, security, energy management, and medical devices.
Skyworks and Qorvo Provide Exposure to 5G Opportunity
In 2018, Skyworks and Qorvo stocks fell 28% and 8.8%, respectively, while Apple stock fell 7.7%. The stocks have improved in 2019.
Efficiency Ratios Favor Skyworks over Qorvo
Skyworks has stronger revenue and earnings growth than Qorvo. Skyworks is relatively cheaper than Qorvo in terms of the valuation.
Is Apple the Most Suitable Buyer for Broadcom’s RF Chip?
Broadcom (AVGO) stock rose by 0.3% on Tuesday, after reports that Apple (AAPL) could buy Broadcom’s RF (radio-frequency) chip business.
Why Broadcom Might Sell its RF Wireless Chip Unit
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.
Why Are Qorvo and Skyworks Stocks Rising Today?
Shares of Apple suppliers Qorvo and Skyworks are trading higher today. However, Apple stock is down by 0.4% today. We dig into why this may be.
Will Apple iPhone SE 2 Drive Shipments Higher in 2020?
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.
Skyworks, PSTG, and QRVO Gain Due to Analyst Upgrades
Pure Storage (PSTG), Skyworks Solutions, and Qorvo (QRVO) shares rose in early market trading today. So far, Skyworks has returned 4.6%, respectively.
Markets in the Red Today, Trade War Escalates
The trade war between the US and China has escalated again. As expected, technology stocks were hit the worst in early market trading today.
Semiconductor Stocks in Focus on China Tariff Delay
The recent delay in the tariffs on China has sent a wave of optimism throughout the tech sector—especially the semiconductor industry.
Goldman Sachs: Trade War Boosts Risk of Recession
Goldman Sachs (GS) has cut its Q4 growth forecast by 20 basis points. It now foresees the trade war impacting growth more than it previously forecast.
Stocks Tumble as Trump Says No to China Deal and Huawei
The markets were just grappling with the news of increasing trade tensions between the US and China when Trump stepped in to increase the pressure.
Fund Managers Are Bearish on Growth and Corporate Profit Outlook
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.
5G to Drive Skyworks’s Earnings in the Long Term
On May 2, Skyworks reported its fiscal 2019 second-quarter earnings results. The stock fell 3.5% on May 3.
Skyworks or Qorvo: Analysts’ Recommendations
Analysts are mixed about Qorvo and Skyworks. Some analysts have a “buy” recommendation, while others have a “hold” recommendation.
Skyworks and Qorvo Stock: Positive Momentum
Skyworks (SWKS) stock has shown some positive momentum in 2019. The stock has risen 22.5% YTD (year-to-date) after falling 28% in 2018.
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.
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 Supplier News and the iPhone X
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.
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.
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.
China’s Impact on US Growth: The Effect on Your Investments
China’s recent slowdown in GDP is expected to impact global growth, including the United States.
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 Is the Outlook for the Communication Semiconductor Industry?
Broadcom’s performance will be directly proportional to the market’s performance given its dominant position in the communication semiconductor market.
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.
Why Texas Instrument Stock Outperformed Competitors
Texas Instruments (TXN) stock has risen 7.6% in the past 52 weeks. It’s currently hovering above $58, which is at the higher end of its 52-week range of $43.49–$60.60.
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 Apple’s Shares Fell 7% on Its Earnings Day
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.
A Look at AMCPX’s Portfolio Moves until 1Q16
AMCPX “invests primarily in U.S. companies of any size with solid long-term growth records and the potential for good future growth.”
RFFE Space Provides Huge Opportunity for 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.
Microsemi Bids for PMC-Sierra for the Third Time
Microsemi has made a third offer for the acquisition of PMC-Sierra, increasing the cash component. The revised offer values PMC-Sierra at $12.05 per share.
Skyworks and Microsemi Compete to Acquire PMC-Sierra
On October 5, 2015, Skyworks Solutions announced that it is looking to acquire peer company PMC-Sierra for $2 billion in cash.
Microsemi Offers $2.2 Billion in Competition for PMC-Sierra
Microsemi, a manufacturer of high-performance semiconductors, made a cash-stock offer of $2.2 billion to acquire semiconductor company PMC-Sierra (PMCS).