Rumors of weak iPhone sales knocked the wind out of Apple (NASDAQ:AAPL) supplier stocks in 2018. So, it looks like Skyworks and Qorvo will start 2019 on a bad footing thanks to their reliance on the iPhone maker. Skyworks' revenue is expected to accelerate in 2020 as the clout of its non-mobile business grows, along with additional catalysts such as 5G wireless infrastructure. Qorvo also has a trump cardQorvo is slightly less dependent on Apple for revenue than Skyworks. Investors in Skyworks and Qorvo shouldn't panic, as both companies are well-placed to weather any Apple slowdown.
Can These Apple Suppliers Overcome iPhone Weakness? -- The Motley Fool
collected by :Clara William
Rumors of weak iPhone sales knocked the wind out of Apple (NASDAQ:AAPL) supplier stocks in 2018. So, it looks like Skyworks and Qorvo will start 2019 on a bad footing thanks to their reliance on the iPhone maker. Skyworks' revenue is expected to accelerate in 2020 as the clout of its non-mobile business grows, along with additional catalysts such as 5G wireless infrastructure. Qorvo also has a trump cardQorvo is slightly less dependent on Apple for revenue than Skyworks. Investors in Skyworks and Qorvo shouldn't panic, as both companies are well-placed to weather any Apple slowdown.
Rumors of weak iPhone sales knocked the wind out of Apple (NASDAQ:AAPL) supplier stocks in 2018. So, it looks like Skyworks and Qorvo will start 2019 on a bad footing thanks to their reliance on the iPhone maker. Skyworks' revenue is expected to accelerate in 2020 as the clout of its non-mobile business grows, along with additional catalysts such as 5G wireless infrastructure. Qorvo also has a trump cardQorvo is slightly less dependent on Apple for revenue than Skyworks. Investors in Skyworks and Qorvo shouldn't panic, as both companies are well-placed to weather any Apple slowdown.
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