No downcycle here. Days after a chipmaker warned of a broad industry slowdown, Skyworks Solutions (SWKS) on Tuesday raised its Q4 guidance, sending its shares rising. Skyworks is among several radio-frequency chipmakers that analysts say are well-positioned as suppliers for Apple (AAPL) iPhones and iPads. Skyworks on Tuesday said it now expects revenue of $718 million for its fiscal Q4 ended Sept. 30, up 51% from the year-earlier quarter. The
Skyworks Solutions’ (SWKS) increased chip content inside Apple’s iPhone6 models prompted Canaccord Genuity on Monday to raise its target price to 64 from 62 and reiterate a buy rating. “Based on our analysis, industry discussions and recent teardown reports, we believe Skyworks increased its dollar content share by more than 10% in the iPhone 6 and iPhone 6 Plus devices vs. the iPhone 5s and iPhone 5c models and remains a key leading RF (radio
A look inside Apple’s (AAPL) new iPhone 6 and iPhone 6 Plus models by the tech-repair firm iFixit in Melbourne, Australia, early Friday revealed which chip companies supplied components and which ones missed out, with losing companies’ shares reflecting the news. Most of the iPhone suppliers were known and had already seen gains in their stocks. Two Skyworks Solutions (SWKS) power amplifier modules are in the iPhones, iFixit reported . Skyworks