Apple supplier Skyworks stock plummets

Apple supplier Skyworks stock plummets as iPhone maker turns to competitor
Apple (AAPL) supplier Skyworks Solutions (SWKS) saw its stock drop more than 23% 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).
Apple Stock Reacts to Earnings, iPhone Sales Slip
Apple shares rose about 3% postmarket after the company reported better than expected earnings, but said iPhone sales fell slightly in the December quarter. Apple reported that iPhone sales for the quarter were down nearly 1% from the prior year to $69.
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 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 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,
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