Apple supplier Qorvo sees swift reversal in stock price after warning of weakness in smartphone parts

1. Qorvo's shares fell after flat sales forecast to Apple, its largest customer. 2. Earnings of $1.61 exceeded expectations, while revenue reached $916 million. 3. CEO projected flat revenue growth from the top customer, increasing investor concern. 4. Revenue from Android business expected to decline significantly in FY 2026. 5. Activist investor Starboard Value holds a 7.7% stake in Qorvo.