Cirrus Logic (CRUS -4%) is following Apple (AAPL -2.8%) lower today, and is doing so in spite of...

|About: Cirrus Logic, Inc. (CRUS)|By:, SA News Editor

Cirrus Logic (CRUS -4%) is following Apple (AAPL -2.8%) lower today, and is doing so in spite of mobile chip peer Qualcomm's well-received results and guidance - shares are now down 24% since last week's FQ2 report. Cirrus' drop suggests today's Apple decline revolves around concerns about hardware sales.