SWKS' fiscal first-quarter results reflect strong mobile growth, offset by high inventory, uneven demand, and muted recovery in automotive and industrial markets.
Skyworks Solutions Inc (NASDAQ:SWKS) shares plummeted after the maker of semiconductors for consumer electronics said rising competition for Apple Inc (NASDAQ:AAPL, ETR:APC)'s iPhone business would re
Shares of semiconductor stocks Arm Holdings PLC (NASDAQ:ARM), Qualcomm Inc (NASDAQ:QCOM), and Skyworks Solutions Inc (NASDAQ:SWKS) are gapping lower after their respective earnings reports.
Despite posting an earnings beat, chipmaker Skyworks Solutions (SWKS) plunged more than 25% in premarket trading. Jenny Horne attributes the massive sell-off to increasing competition for Apple's (AAP
Skyworks' stock could see its worst day in more than four decades, with analysts noting that Broadcom seems to have gotten in on the action for a lucrative iPhone socket.
U.S. stock futures were higher this morning, with the Dow Jones futures gaining around 100 points on Thursday.

Skyworks Stock Crashes. Why Apple Is to Blame.

06:22am, Thursday, 06'th Feb 2025
The last couple of years have been challenging as the competitive landscape has intensified, says the company's chief financial officer.
Skyworks Solutions, Inc. (NASDAQ:SWKS ) Q1 2025 Earnings Conference Call February 5, 2025 4:30 PM ET Company Participants Raji Gill - VP of IR Liam Griffin - Chairman, CEO & President Kris Sennesael -
Skyworks Solutions (SWKS) came out with quarterly earnings of $1.60 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.97 per share a year ago.
Apple supplier Skyworks Solutions forecast declines in revenue across both its segments and projected profits below Wall Street estimates for the current quarter on Wednesday.
SWKS' first-quarter fiscal 2025 performance is likely to have benefited from its diversified portfolio despite market challenges.
IRVINE, Calif.--(BUSINESS WIRE)--Please replace the graphic with the accompanying corrected graphic. The release reads: SKYWORKS SETS DATE FOR FIRST QUARTER FISCAL 2025 EARNINGS RELEASE AND CONFERENCE
Skyworks faces short-term challenges from high inventory and market pressures. Yet, long-term growth in 5G, IoT and AI-driven tech is promising.
Skyworks' Mobile segment underperformed due to internal factors, losing market share to competitors like Qualcomm, despite a recovering smartphone market. The company experienced a 12% revenue decline
Skyworks faces challenges from uneven demand and tough competition. Yet, its focus on 5G, IoT and AI signals a strong path to growth.
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