Cirrus Logic and Skyworks Benefiting From Apple's Success in 2012
September 06 2012 - 8:20AM
Marketwired
The rapidly growing demand for Apple's devices have helped make the
company the largest U.S. company ever with a stock market valuation
of $623.52 billion. As a result of company's high share price
investors looking to profit from the company's success have looked
to Apple's chip suppliers. Five Star Equities examines the outlook
for companies in the Semiconductor Industry and provides equity
research on Cirrus Logic, Inc. (NASDAQ: CRUS) and Skyworks
Solutions Inc. (NASDAQ: SWKS).
Access to the full company reports can be found at:
www.FiveStarEquities.com/CRUS www.FiveStarEquities.com/SWKS
"The bets [investors] will take on stocks are -- is somebody
going to gain share or should they get out of a stock if they think
they're going to lose share in future devices," Canaccord Genuity
analyst Michael Walkley said. "What creates some confusion is that,
based on where companies are in the supply chain, they recognize
revenue at different dates."
Although no release date is officially set for the iPhone 5,
recent invitations sent out by Apple to an event in San Francisco
on Sept. 12 have hinted to be the launch for the new-generation
iPhone. The company is also widely rumored to be working on a
smaller version of their popular iPad tablet.
Five Star Equities releases regular market updates on the
Semiconductor Industry so investors can stay ahead of the crowd and
make the best investment decisions to maximize their returns. Take
a few minutes to register with us free at www.FiveStarEquities.com
and get exclusive access to our numerous stock reports and industry
newsletters.
Cirrus Logic delivers highly optimized products for a variety of
audio and energy-related applications. The company recently
projected revenue in the fiscal second quarter to be between $170
million to $190 million, well above the $130 million projected by
analysts according to Reuters. "While we understand there is
intense market interest related to our largest customer, in
accordance with our policy, we do not discuss specifics about our
business relationship," said Chief Executive Jason Rhode.
Skyworks Solutions is an innovator of high performance analog
semiconductors. Revenue for the quarter ending June 29, 2012, was
$389.0 million, up 7 percent sequentially and 9 percent when
compared to revenue of $356.1 million in the third fiscal quarter
of 2011. Shares of the company have soared over 85 percent this
year.
Five Star Equities provides Market Research focused on equities
that offer growth opportunities, value, and strong potential
return. We strive to provide the most up-to-date market activities.
We constantly create research reports and newsletters for our
members. Five Star Equities has not been compensated by any of the
above-mentioned companies. We act as an independent research portal
and are aware that all investment entails inherent risks. Please
view the full disclaimer at:
www.FiveStarEquities.com/disclaimer
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: Five Star Equities Email Contact
Cirrus Logic (NASDAQ:CRUS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Cirrus Logic (NASDAQ:CRUS)
Historical Stock Chart
From Jul 2023 to Jul 2024