Apple iPhone ‘Overhang’ Slugs Qorvo, Skyworks

By | December 17, 2015

Scalper1 News

Like dominoes, a sixth analyst since Monday pared his 2016 Apple (AAPL) iPhone estimates Thursday, while also cutting forecasts for Apple chip suppliers Skyworks Solutions and Qorvo. Needham analyst N. Quinn Bolton models a 5% year-over-year decline to 220 million iPhones shipped in Apple’s fiscal 2016, ending in late September, vs. prior estimates for a 6% jump to 245 million units. Bolton also remodeled his forecast for Skyworks (SWKS) and Scalper1 News

Scalper1 News