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.

Analyst downgrades big Apple chip supplier due to declining iPhone demand

Apr 24, 2018, 1:14pm UTC
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.