Apple supplier Skyworks stock plummets

SWKS Stock Plummets 23% as Apple (AAPL) Reduces Its Content Reliance for iPhone 17
Shares of Skyworks Solutions (SWKS) plummeted over 23% at the time of writing after the semiconductor company announced that tech giant Apple
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 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' Shares Drop as Competitor Cuts Into Apple Business, New CEO Named
Skyworks also named Philip Brace its next chief executive officer, effective Feb. 17. Brace will succeed Liam Griffin, who is retiring. Brace was most recently CEO of Inseego, a 5G mobile company. Write to Emon Reiser at [email protected]
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,
Skyworks: Price Crash Is Overblown
Skyworks Solutions' shares dropped over 20% due to some negative news, despite better-than-expected earnings and guidance.
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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 ...
S&P 500 Gains and Losses Today: Skyworks Solutions Falls as Apple Supplier Predicts Sales Slump
Key Takeaways The S&P 500 edged 0.4% higher on Thursday, Feb. 6, as investors responded to the latest earnings results and ...
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 ...
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 ...
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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.
Skyworks: Mizuho, Stifel analysts cut PT; downgrade on Apple content loss
Mizuho analysts downgraded Skyworks to "Neutral", highlighting a 20-25% content loss in Apple's next-generation smartphone as ...