2024-06-19 04:52:02 ET
Summary
- Skyworks Solutions reported a 10% loss in average selling price for an upcoming phone, believed to be temporary.
- The company's guidance for June fell short of estimates, with revenue projected to be $900 million compared to a $1.02 billion estimate.
- Analysts have mixed reactions, with some maintaining a buy rating and others downgrading to a hold due to uncertainty surrounding the loss of the Apple socket.
- The damage was minor and repaired itself.
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Assessing The Damage For Skyworks Solutions Lost Of Apple ASP