Pacific Crest Upgrades Cirrus Logic (CRUS) to Overweight on Noise-Canceling Earbuds Opportunity in iPhone 7
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Canaccord Genuity Believes Soft Orders From Apple (AAPL) Could Hurt Skyworks Solutions (SWKS) - Cut PT to $110
January 8, 2016 8:35 AM ESTCanaccord Genuity reiterated a Buy rating on Skyworks Solutions (NASDAQ: SWKS), and cut the price target to $110.00 (from $120.00), as Apple (NASDAQ: AAPL) anticipates softer 1H/C2016 iPhone and overall smartphone sales. Canaccord believes that the reduced orders from Apple near the end of the December quarter, combined with ongoing weak global smartphone sales trends, could create a greater... More
Apple (AAPL) Supplier Warnings Suggest March Quarter Unit Weakness - RBC Capital
January 8, 2016 7:53 AM ESTRBC Capital analyst Amit Daryanani weighed in on Apple (NASDAQ: AAPL) two key AAPL suppliers - Cirrus Logic and Qorvo - warned after the close. This suggests weakness will be seen in the Mar-qtr for Apple units.
Cirrus Logic, who provided preliminary... More
