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Helping Cirrus Logic (CRUS +7.3%) rally on the first day of iPhone 5 pre-orders is a bullish...

Helping Cirrus Logic (CRUS +7.3%) rally on the first day of iPhone 5 pre-orders is a bullish note from Canaccord's Bobby Burleson. Burleson, who smartly started coverage of the iPhone/iPad audio chip supplier with a Buy ahead of its FQ1 report, argues Cirrus' inventory builds indicate its Dec. quarter sales could blow away forecasts, thanks to both rising dollar content and strong shipments. He also thinks Canaccord's 2013 EPS forecast of $3.27 (above a $2.95 consensus) could see a "substantial increase."
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