Skyworks to Lose Sales at Apple; Stock Plummets
5 days ago · In the most recent quarter, Apple supplied 72% of Skyworks’ revenue, up 9% sequentially due to Apple’s ramp of up its current phone. Skyworks last week also authorized the repurchase of up to $2 billion of common stock for the next two years. The company had cash and marketable securities of $1.75 billion as of Dec. 27. Planned Succession ...
Skyworks Solutions sinks as Apple plans to cut content demand …
Feb 6, 2025 · 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 ...
Brushing Off The Dust From Skyworks Solutions' Disastrous …
3 days ago · Skyworks Solutions reported strong December results and guided slightly above analysts' estimates for March. The company disclosed losing half of a major Apple socket to a competitor, likely ...
Apple supplier Skyworks stock plummets as iPhone maker turns …
Feb 6, 2025 · 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...
Skyworks’ stock sinks as Apple setback is a ‘nightmare realized’
Feb 6, 2025 · Skyworks Solutions Inc. shares saw their worst performance on record Thursday as investors grapple with changes in the connectivity company’s relationship with Apple Inc. Partner Center Most Popular
Skyworks (SWKS) Crashes 25% as Apple Cuts Supplier …
Feb 6, 2025 · Skyworks Solutions (NASDAQ:SWKS) tumbled 25.17% to $65.16 as of 9:31 a.m. ET after revealing that Apple (AAPL) plans to reduce its reliance on the company for the iPhone 17.During its Q1 fiscal ...
S&P 500 Gains and Losses Today: Skyworks Solutions Falls as Apple …
Feb 6, 2025 · Skyworks Solutions shares plummeted 24.7%, the most of any S&P 500 stock. The semiconductor manufacturer warned of growing competition in supplying chips for Apple ( AAPL ).
If Apple Walks Away, What’s Left for Skyworks Stock? - Yahoo Finance
Skyworks Solutions (NASDAQ:SWKS), stock has long been seen as a cheap proxy for Apple (NASDAQ:AAPL), its largest customer.
Skyworks falls as it forecasts revenue decline for mobile segment …
Feb 5 (Reuters) - Apple supplier (AAPL.O), opens new tab Skyworks Solutions (SWKS.O), opens new tab forecast declines in revenue in its mobile segment and projected profits below Wall Street ...
Skyworks Hits Roadblock With Apple Content Loss, Analysts
Feb 6, 2025 · Skyworks downgraded by analyst after losing Apple content, with 20-25% reduction expected in iPhone 17, impacting revenue till FY26. Analysts see slow recovery for Skyworks, with Android growth ...
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