Analyst downgrades big Apple chip supplier due to declining iPhone demand

Analyst downgrades big Apple chip supplier due to declining iPhone demand

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/04/24/analyst-downgrades-big-apple-chip-supplier-due-to-declining-iphone-demand.html

IPhone's falling sales will hurt a key Apple supplier, according to a Wall Street firm.

Mizuho Securities lowered its rating to neutral from buy for Skyworks Solutions shares, predicting the chip maker will face pricing pressure later this year.