Skyworks (SWKS) Crashes 25% as Apple Cuts Supplier Dependence for iPhone 17
Skyworks sinks after Apple reduces RF component orders, triggering analyst downgrades and concerns over lost revenue
Skyworks Solutions sinks as Apple plans to cut content demand for new iPhone
Skyworks Solutions shares sank more than 25% during early Thursday trading after the company reported that its largest customer, Apple (AAPL), plans to reduce its dependence on Skyworks for its iPhone 17 model.
Skyworks’ stock sinks as Apple setback is a ‘nightmare realized’
Skyworks’ stock saw its worst day in more than four decades, with analysts noting that Broadcom seems to have gotten in on the action for a lucrative iPhone socket.
Apple supplier Skyworks stock plummets as iPhone maker turns to competitor
Apple ( AAPL) supplier Skyworks Solutions ( SWKS) saw its stock drop nearly 25% Thursday as the semiconductor firm said that it's losing business with the iPhone maker to one of its competitors, which analysts believe to be Broadcom ( AVGO ).
Skyworks Stock Crashes on Warning Apple Supplier Will Lose Some iPhone Business
Shares of Skyworks Solutions slid, after the Apple supplier said tougher competition for the iPhone maker's semiconductor business would cut into sales. Apple is the company's largest customer. Late Wednesday,
Skyworks' Shares Drop as Competitor Cuts Into Apple Business, New CEO Named
Shares of Skyworks Solutions slid after the Apple supplier said tougher competition for the iPhone maker's semiconductor business would cut into sales this year. The company on Wednesday also named a new chief executive and said it would spend $2 billion to buy back shares.
Skyworks shares hold as Apple content cuts loom
Needham maintained a Hold rating on Skyworks Solutions (NASDAQ:SWKS) shares following the company's recent earnings report. The $13.9 billion market cap company, currently trading near its 52-week low,
Jim Cramer on Skyworks Solutions (SWKS): Apple Reliance Sparks Stock Trouble
We recently published a list of Jim Cramer Discusses These 11 Stocks & President Trump. In this article, we are going to take ...
Skyworks: Price Crash Is Overblown
Skyworks Solutions' shares dropped over 20% due to some negative news, despite better-than-expected earnings and guidance.
3SWKS : Skyworks Solutions Unusual Options Activity For February 06
The general mood among these heavyweight investors is divided, with 44% leaning bullish and 44% bearish. Among these notable ...
Why Skyworks Solutions (SWKS) Stock Went Down On Thursday?
We recently published a list of 10 Firms Hit Hard in Thursday’s Trading. In this article, we are going to take a look at ...
Skyworks board authorizes up to $2B stock buyback
Skyworks (SWKS)’ board of directors has authorized the repurchase of up to $2 billion of the Company’s common stock from time to time through ...
Skyworks Hits Roadblock With Apple Content Loss, Analysts See Tough Road For Recovery
Stifel analyst downgraded Skyworks Solutions stock to Hold from Buy. Analysts highlight Apple content loss and slow recovery ...
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3 Semiconductor Stocks Gapping Lower After Earnings
Qualcomm Inc(NASDAQ:QCOM), and Skyworks Solutions Inc (NASDAQ:SWKS) are gapping lower after their respective earnings ...
Skyworks names Philip Brace president, CEO
Solutions announced that Philip Brace has been appointed president and chief executive officer and a member of the board of ...
Skyworks warns of sequential quarterly revenue decline in biggest segment, names new CEO
Skyworks (SWKS) on Wednesday forecast a mid-to-high teens sequential decline in sales from its biggest segment for the ...