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Fly News Breaks for December 4, 2018
AAPL, CRUS
Dec 4, 2018 | 08:28 EDT
Oppenheimer analyst Rick Schafer notes that Cirrus Logic (CRUS) revised down Q3 revenue from $380M to $320M driven by Apple (AAPL) iPhone unit shortfalls. Investors may be surprised by the magnitude but iPhone weakness has been well established over the past few weeks as fellow Apple suppliers have reduced estimates, he contends. Looking to CY19, the analyst continues to see disappointing iPhone units and a lack of incremental Cirrus Logic content at Apple hindering growth. Schafer reiterates a Perform rating on Cirrus Logic's shares.
News For CRUS;AAPL From the Last 2 Days
AAPL
Apr 26, 2024 | 16:08 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 26, 2024 | 12:03 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 26, 2024 | 10:06 EDT
AAPL
Apr 26, 2024 | 07:41 EDT
AAPL
Apr 26, 2024 | 06:51 EDT
Erste Group downgraded Apple to Hold from Buy.
AAPL
Apr 26, 2024 | 05:59 EDT
Apple (AAPL) supplier TSMC (TSM) has unveiled its A16 chip manufacturing technology featuring nanosheet transistors with "backside power rails" meant for producing its ultra-advanced 1.6nm chips by 2026, Nikkei Asia's Cheng Ting-Fang reports. TSMC says the introduction of the technology can "greatly improve logic density and performance." Reference Link
AAPL
Apr 25, 2024 | 13:52 EDT
Alphabet (GOOGL), the parent company of Google, is scheduled to report first quarter 2024 results after the market close on Thursday, April 25, with a conference call scheduled for 4:30 pm Eastern Time. What to watch... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 25, 2024 | 12:09 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 25, 2024 | 06:06 EDT
AAPL
Apr 25, 2024 | 05:39 EDT
AAPL
Apr 24, 2024 | 06:15 EDT
Apple saw sales of its iPhones fall 19.1% in the first three months of the year, CNBC's Ryan Browne reports, citing data from Counterpoint Research. Meanwhile, Huawei saw a 69.7% surge in smartphone sales in the country during the same period, Counterpoint said. Reference Link
