After its beat-and-raise quarterly results late Thursday, analog chipmaker Skyworks Solutions (SWKS) was quick to point out that its strong performance was broad-based and not due solely to its big customer Apple. Still, Skyworks is expected to benefit greatly from Apple ‘s (AAPL) upcoming iPhone 6 smartphone models, analysts say. Skyworks CEO David Aldrich said his company is capitalizing on the growing need for complex analog chips that can
After its beat-and-raise quarterly results late Thursday, analog chipmaker Skyworks Solutions (SWKS) was quick to point out that its strong performance was broad-based and not due solely to its big customer Apple. Still, Skyworks is expected to benefit greatly from Apple ‘s (AAPL) upcoming iPhone 6 smartphone models, analysts say. Skyworks CEO David Aldrich said his company is capitalizing on the growing need for complex analog chips that can
Skyworks Solutions (SWKS) upped its fiscal Q3 guidance on Tuesday, saying it expects to benefit from growing interest in connected appliances and devices, sending Skyworks stock up more than 5%. The company says it expects per-share earnings ex items in the current quarter of 80 cents, a boost from its previous forecasts of 73 cents. It sees sales rising 31% to $570 million vs. its former outlook of $535 million, the Woburn, Mass.-based company