Market Currents
In a season filled with chipmaker warnings, Cirrus Logic (CRUS) is preannouncing in the opposite...
-
Monday, January 9, 2012, 4:38 PM ETIn a season filled with chipmaker warnings, Cirrus Logic (CRUS) is preannouncing in the opposite direction: the company says it expects FQ3 revenue of $122M, well above a consensus of $105.1M, and is also guiding for FQ4 revenue of $105M, above a $98.5M consensus. Cirrus' announcement could be another indication of strong iPhone demand, given it supplies an audio codec chip for the 4S. Shares +7.4% AH.
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
This news story has 1 comment: