Tag Archives: crus

Apple Chip Supplier Cirrus Logic’s EPS Seen Slipping

Cirrus Logic (CRUS) stock bucked the negative trend walloping Apple (AAPL) chip suppliers Tuesday, a day ahead of the chipmaker’s scheduled fiscal Q2 earnings report. Cirrus Logic stock was up more than 1% in afternoon trading in the stock market today. Apple was slated to release its September-quarter earnings after the close Tuesday. Huge net profit is expected for the tech giant, but some analysts fear that sales of the new iPhone 6S might fall

Chip Suppliers Drop Before Apple’s Q4: A Bad Sign?

A group of Apple’s (AAPL) chip suppliers are trading lower in the stock market today, ahead of the consumer tech giant’s fiscal fourth-quarter earnings after the close on Tuesday. Is this a bad omen for Apple? Cirrus Logic (CRUS) , which reports its quarterly figures after the close on Wednesday, dropped 11% in heavy volume. The gap-down puts the stock back below its 200-day line, a level that Cirrus Logic just regained last week. Shares are

Apple Suppliers Hit But Funds Add These Chip Stocks

IBD’s latest Screen of the Day is Accelerating Mutual Fund Ownership, which lists the companies that mutual funds have been loading up on recently. The semiconductor sector had been hot this year, but Apple’s (AAPL) recent slide after it reported lower-than-expected iPhone sales dragged down many of its chip suppliers, including Skyworks Solutions (SWKS), Cirrus Logic (CRUS), Qorvo (QRVO), NXP Semiconductors (NXPI) and Avago Technologies (AVGO).