Tag Archives: nxpi

Apple Supplier NXP Semiconductors Earnings Top On Eve Of Apple Report

Apple ( AAPL ) supplier NXP Semiconductors ( NXPI ) late Monday reported first-quarter earnings that fell a little less than estimates, a day before Apple itself is expected to report declining profit and a sharp drop in iPhone sales. NXP Semi gave guidance that was in line to slightly above forecasts. Earnings per share fell nearly 16% to $1.14 a share excluding various items vs. $1.35 a year earlier. Revenue, fueled by acquisitions, climbed about 52% to $2.224 billion from $1.467 billion a year earlier. Economists had expected EPS of $1.09 and sales of $2.21 billion. Comparable revenue fell 11% vs. a year earlier, NXP said, citing “semiconductor industry weakness that accelerated throughout the second half of 2015.” For Q2, NXP Semiconductors sees revenue of $2.295 billion to $2.395 billion, with the midpoint at $2.345 billion. It expects EPS of $1.30-$1.40, with the midpoint at $1.35. Analysts expected EPS of $1.32 and revenue of $2.34 billion. For the full year, Wall Street had projected EPS of $5.64 and sales of $9.54 billion. NXP Semiconductors is a leading chip supplier for the Apple iPhone and Samsung smartphones. But it’s also a major supplier of chips for the auto industry, especially after its recent acquisition of Freescale Semiconductor. Auto-related sales hit $805 million, up 167% vs. a year earlier on a reported basis, or just 1% with Freescale’s year-earlier results included. NXP will hold its post-earnings conference call before the market open Tuesday. NXP released its results well after the market close, so investors will have to wait until Tuesday pre-market trading to get some indication of how the stock will react. Shares closed down 1.2% to 83.34 on the stock market today . NXP is not in the latest Apple Retina MacBook, according to an iFixit teardown , after having several chips in the 2015 model, while Broadcom ( AVGO ) and Texas Instruments ( TXN ) remain big chip suppliers. Texas Instruments reports earnings on Wednesday. Texas Instruments closed up 0.6% on Monday. Broadcom fell 0.8%. Apple retreated 0.6% to 105.08, approaching its 50-day moving average. Analysts expect Apple earnings to fall 14% to $2 a share and sales 10% to $51.97 billion, with iPhone unit sales down 21%.

Apple Retina MacBook 2016: Intel, Broadcom Inside; NXP Loses?

Heavyweight chipmakers Broadcom ( AVGO ), Intel ( INTC ) and Texas Instruments ( TXN ) again dominated as chip suppliers for the Apple ( AAPL ) Retina MacBook 2016, according to an iFixit teardown , which notes the MacBook finally joined its iPhone and iPad cousins in rose gold solidarity. The 12-inch MacBook comes equipped with “a faster processor and zippier flash memory.” Intel again supplied the core processor and an HD graphics card, and both flash-memory NAND chips (256 gigabytes) came from Toshiba. Samsung and Micron Technology ( MU ) split the difference in other memory vectors. Two Samsung chips provide a total 8 GB of RAM, and Micron supplied a single 4 GB DRAM (dynamic random-access memory) chip. Broadcom re-won its touchscreen controller and what iFixit believes to be a wireless chipset, and STMicroelectronics ( STM ) again supplied a microcontroller. Texas Instruments supplied a total of four chips, including a system management controller. The Dallas-based chipmaker showed up six times in the earlier iteration, but the 2016 teardown wasn’t as extensive as the 2015 teardown , iFixit said. Fellow Apple supplier NXP Semiconductors ( NXPI ) was seemingly ousted from the Retina MacBook 2016 logic board. In the 2015 model, the teardown showed NXP supplied a microcontroller and two interface expanders. Like its 2015 counterpart, the Retina MacBook 2016 earned a 1 out of a possible 10 in repairability from iFixit. The main reason is because the display is a single, fused unit, so “if the display needs replacing, it’ll cost a pretty penny.” In early afternoon trading on the stock market today , shares of both NXP and STMicroelectronics were down 2%, while Intel and Micron stock were each down 1%. Broadcom stock was lower by a fraction, and Texas Instruments stock was up a fraction.

Amazon Tap Casts Apple Suppliers; Texas Instruments Leads Echo Dot

Amazon.com ( AMZN ) tapped Texas Instruments ( TXN ) to lead its “hockey-puck-sized” Echo Dot Alexa-infused speaker, and incorporated Apple ( AAPL ) suppliers Broadcom ( AVGO ) and NXP Semiconductors ( NXPI ) in its portable Tap stereo, iFixit teardowns show. But the teardowns did little to help chipmakers Thursday on Wall Street. Chip stocks were broadly down in afternoon trading on the stock market today , in conjunction with fractional dips for the major indexes. Texas Instruments won five chips — including a digital media processor — inside the Echo Dot , but that total was skimmed down from eight chips inside the larger Echo . Also, Samsung succeeded SanDisk ( SNDK ) as the flash memory supplier. Echo Dot also features a DRAM (dynamic random-access memory) chip from Micron Technology ( MU ), apparently replacing a Samsung RAM chip in the Echo. Qualcomm ( QCOM ) re-won the Bluetooth function from the Echo. The smaller Echo Dot earned a six out of a best-possible 10 in its repairability rating, dropping from seven in the earlier Echo iteration. Amazon’s Tap won a seven out of 10. It’s Amazon’s first Alexa-equipped portable speaker vs. the Echo Dot and Echo, according to iFixit. Maxim Integrated Products ( MXIM ) topped the Tap with two chips — an audio codec and a power management chip. Texas Instruments supplied an amplifier. Apple suppliers Broadcom and NXP won a chip apiece — WiFi/Bluetooth and an applications processor, respectively. The device is powered by a lithium-ion cell, such as those used in Tesla Motors ( TSLA ) vehicles, iFixit notes. It provides for nine hours of music playback, according to Amazon, vs. the iPhone 6S Plus, which has “a battery with a similar output for a radically different job.”