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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
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 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.
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 ( 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' 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,
23h
on MSN
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 ...
StockStory.org on MSN
1d
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 ...
22h
Skyworks: Price Crash Is Overblown
Skyworks Solutions' shares dropped over 20% due to some negative news, despite better-than-expected earnings and guidance.
7h
Traders Purchase Large Volume of Skyworks Solutions Put Options (NASDAQ:SWKS)
Skyworks Solutions, Inc. (NASDAQ:SWKS – Get Free Report) saw unusually large options trading activity on Thursday. Stock ...
1d
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 ...
2d
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 ...
Morningstar
1d
Skyworks Solutions Inc SWKS
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
1d
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 ...
StockStory.org on MSN
2d
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.
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