JBL - Cirrus Logic Lumentum among Apple suppliers declining after muted FQ4 iPhone sales

Apple suppliers are seeing red after the tech giant reported fiscal Q4 results that beat estimates on the top and bottom line but reported muted iPhone sales.Movers include Skyworks (SWKS) -0.9%, Cirrus Logic (CRUS) -1.6%, Qorvo (QRVO) -2.2%, Lumentum (LITE) -2.6%, Jabil (JBL) -0.8%, Broadcom (AVGO) -1.4%, and Qualcomm (QCOM) -1.3%.Click here to see how much income each supplier derives from Apple. Previously: Weak iPhone sales drive Apple shares lower after FQ4 beats; Services, Macs hit new records (Oct. 29 2020)

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Cirrus Logic, Lumentum among Apple suppliers declining after muted FQ4 iPhone sales