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194 days

Skyworks Stock Crashes. Why Apple Is to Blame. - Barron's

1. Skyworks stock dropped 29% after poor sales forecast due to competition. 2. Sales share from Apple expected to decline by 20-25%. 3. Upcoming phone cycle (2025) anticipated to further impact revenues. 4. Despite challenges, Q1 earnings matched expectations, revenue at $1.1 billion. 5. Stock has decreased by 17% in the past year.

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FAQ

Why Very Bearish?

The significant forecast drop in sales directly impacts investor confidence, similar to previous downturns when competitive pressures affected major suppliers.

How important is it?

The forecast on sales significantly impacts SWKS's revenue projections, crucial for stock valuation.

Why Long Term?

The estimated decline in Apple-related sales will affect SWKS for the next fiscal year, reminiscent of past sales drop impacts lasting several quarters.

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