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’ stock sinks as Apple setback is a ‘nightmare realized’
Skyworks’ stock could see 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.
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,
Apple supplier Skyworks stock plummets as iPhone maker turns to competitor
Apple supplier Skyworks Solutions 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,
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 Solutions sinks as Apple plans to cut content demand for new iPhone
Skyworks Solutions' (NASDAQ:SWKS) shares sank more than 25% during early Thursday trading after the company reported that its largest customer, Apple (NASDAQ:AAPL), plans to reduce its dependence on Skyworks for its iPhone 17 model.
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,
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Why Skyworks Solutions (SWKS) Shares Are Sliding Today
What Happened? Shares of wireless chips maker Skyworks Solutions (NASDAQ: SWKS) fell 30% in the pre-market session after the ...
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No Surprises In Skyworks Solutions’s (NASDAQ:SWKS) Q4 Sales Numbers, Provides Optimistic Revenue Guidance for Next Quarter
Wireless chips maker Skyworks Solutions (NASDAQ: SWKS) in Q4 CY2024, but sales fell by 11.1% year on year to $1.07 billion.
1SWKS : Skyworks Solutions Shares Are Tumbling After Hours: What's Going On?
Skyworks Solutions shares are trading lower in Wednesday's after-hours session after the company reported quarterly financial ...
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 ...
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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 downgraded to Neutral from Buy at B. Riley
B. Riley downgraded Skyworks (SWKS) to Neutral from Buy with a price target of $65, down from $110. The company announced an “historic share ...
Skyworks Solutions Analysts Slash Their Forecasts Following Q1 Results
Skyworks Solutions reported quarterly earnings of $1.60 per share which beat the analyst consensus estimate of $1.57 per ...
Skyworks falls as it forecasts revenue decline for mobile segment in second quarter
Apple supplier Skyworks Solutions forecast declines in revenue in its mobile segment and projected profits below Wall Street ...
Skyworks downgraded to Neutral from Outperform at Mizuho
Mizuho downgraded Skyworks (SWKS) (SWKS to Neutral from Outperform with a price target of $62, down from $105. The firm sees Skyworks losing ...
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Skyworks Plunges 30% on iPhone Content Loss
Shares of Skyworks Solutions (SWKS) were plummeting 30% in pre-market trading Thursday after the mobile chip supplier said it expected to lose space in Apple's (AAPL) next-generation iPhone.