Lagging 2016 iPhone sales could slug shares of Apple (AAPL) chip suppliers Avago (AVGO), Qorvo (QRVO) and Skyworks Solutions (SWKS) while an on-the-cusp PC refresh might buoy Intel (INTC), MKM Partners found in a recent survey. Of 1,467 Americans surveyed, 19% said they planned to purchase a PC in the next three to six months vs. 17% last year. Only 24.8%, however, are on the smartphone hunt, down from 27.6% last year. ‘Samsung Losing, Apple Not
Apple (AAPL) chip supplier Skyworks Solutions (SWKS) and Microsemi (MSCC) are trading punches Friday, both raising their offers to acquire PMC-Sierra (PMCS). Early Friday, Skyworks raised its bid from $10.50 a share to $11.60 a share, 10 cents higher than Microsemi’s unsolicited offer of $11.50 a share. The first Microsemi bid was submitted on Oct. 19, two weeks after Skyworks’ original proposal. Several hours after Skyworks announced its new bid,
Better-than-expected Apple (AAPL) earnings late Tuesday lifted the iPhone maker’s chip suppliers in the stock market today. Cirrus Logic (CRUS), Qorvo (QRVO), Skyworks Solutions (SWKS) and NXP Semiconductors (NXPI) all fell sharply Monday as Germany’s Dialog Semiconductor, which makes power-management integrated circuits for the iPhone, issued weak fourth-quarter revenue guidance. But Apple allayed some of those fears with its fiscal Q4 beat and