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Apple ‘s ( AAPL ) iPhone 6S tornado hit shares of chipmakers  NXP Semiconductors ( NXPI ) and Qorvo ( QRVO ), a Goldman Sachs analyst wrote Wednesday ahead of the duo’s quarterly earnings reports. Both are expected to report 16% dips in December-quarter sales and earnings that fell by double digits during the holiday season. “Smartphone-exposed stocks have been under pressure recently after a slew of negative pre-announcements among suppliers with heavy Apple exposure,” Toshiya Hari of Goldman Sachs wrote in a research report. But Hari sees the potential for a “snap-back” as “investors digest Apple’s weak Q1 and begin to look at what we believe will be a relatively strong 2016 overall.” NXP Semiconductors fell 2.9% on the stock market today  ahead of its late Wednesday Q4 earnings report. Qorvo stock closed down 0.2% and is scheduled to report fiscal Q3 earnings late Thursday. Apple for its part, rose 2% on Wednesday. For its December quarter, NXP is expected to report $1.29 billion in sales and $1.07 earnings per share ex items, down 16% and 21%, respectively, vs. the year-earlier quarter. The consensus view of 25 analysts polled by Thomson Reuters was relatively in line with NXP’s three-months-ago guidance for a sales decline of “low to mid-teens,” sequentially. For the year, analysts model $5.78 billion in sales and $5.43 EPS minus items, up 2% and 14%, respectively, vs. 2014. Hari rates NXP stock a neutral as it continues realizing synergies from its recently completed acquisition of Freescale Semiconductor. The merger reduced NXP’s Apple exposure by essentially half, Hari noted. He expects NXP to mount up on its automotive content, expected to grow by 9% CAGR over the next three years. Advanced driver assistance systems, infotainment and autonomous vehicles will drive that growth. Late Thursday, Qorvo is expected to report $620.3 million in sales and 94 cents EPS ex items for its fiscal Q3. On a year-over-year basis, sales would dip 16% and EPS would be down 37%. Qorvo, Cirrus Logic ( CRUS ) and Dialog Semiconductor drove smartphone pressure with their negative pre-announcements late last year. Qorvo reduced its fiscal Q3 sales guide to $620 million from earlier views for $720 million to $730 million. The company didn’t reduce its EPS ex items guide for $1.25 to $1.30. Hari downgraded Qorvo stock to neutral from a buy rating on its “disadvantage to Skyworks Solutions ( SWKS ) … given (Qorvo’s) ongoing integration and Skyworks’ ability to leverage its portfolio of adjacent analog products to provide more complete solutions to handset (smartphone-makers).” Qorvo was created in January 2015 with the merger of RFMD and TriQuint, and competes against radio-frequency (RF) chip suppliers Skyworks and Avago Technologies ( AVGO ). RF content in smartphones is expected to grow 9% and 14% in 2016 and 2017, Hari estimated. That’s against an 0.4% decline in smartphone unit growth in 2016 vs. 1.4% growth in 2015, he wrote. Although Qorvo’s portfolio is more complete post-merger, Hari questioned the timeline on synergies. The company guided to $150 million in synergies in 2017 with $75 million realized in 2015.