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Fly News Breaks for December 4, 2018
AAPL, CRUS
Dec 4, 2018 | 09:19 EDT
Craig-Hallum analyst Anthony Stoss lowered his price target for Cirrus Logic (CRUS) to $44 from $47 to account for weaker Apple (AAPL) iPhone sales. The analyst notes Cirrus Logic lowered its December quarter guidance from $360M-$400M to $300M-$340M due to smartphone weakness. With Apple accounting for about 82% of the company's revenue, Stoss attributes the lowered guidance to weaker than expected iPhone sales. He reiterates a Buy rating on Cirrus Logic's shares.
News For CRUS;AAPL From the Last 2 Days
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 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