Apple suppliers haven't responded well to Jefferies' note about high iPhone channel inventories,...
Apple suppliers haven't responded well to Jefferies' note about high iPhone channel inventories, build order cuts, app processor production cuts, and memory reallocations. CRUS -4.4%. OVTI -5.7%. SWKS -3.5%. RFMD -3.5%. STM -3.9%. NTE -4.6%. NXPI -5.4%. InvenSense (INVN -7.4%), which isn't yet an Apple supplier but is expected to be one soon, is also off sharply.
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