Tag Archives: aapl

Apple, Cirrus Logic Gain; Qorvo Sent To ‘Penalty Box’

Cirrus Logic (CRUS) led a partial Apple (AAPL) chips recovery midday Friday after the chipmaker and rival Qorvo (QRVO) late Thursday lowered their Q3 views on slackening iPhone 6S demand, forcing the sector to plunge on Wall Street. Late Thursday, shares of Apple chip suppliers plummeted with Skyworks Solutions (SWKS) and Avago Technologies (AVGO) stocks leading the way. That trend reversed Friday. In early trading in the stock market today ,

More data points on Apple show iPhone sales slowdown

More analysts are projecting subdued Apple (AAPL) iPhone sales over the next few quarters, causing them to reduce price targets but also maintaining a buy rating on the technology giant. Apple stock has been on a downward slide for five weeks, due largely to concerns of softer demand for its iconic smartphones. Evidence of softer demand comes from Asia-based suppliers of Apple components reporting weaker-than-average revenue growth. That’s also

Zagg zigs to find new mobile accessories business

LAS VEGAS — Mobile device accessories firmZagg (ZAGG) got its start by making screen protectors for smartphones and tablets, but lately it has been rapidly diversifying. Zagg parlayed its success with InvisibleShield screen protectors into making tablet keyboards and portable chargers. At the Consumer Electronics Show this week, the Salt Lake City-based company unveiled three new products: a mobile battery charger for the Apple (AAPL) Watch and