WOBURN, Mass. ( TheStreet) -- Wireless chip maker Skyworks ( SWKS) blew past analysts' estimates in its third-quarter results as the Apple ( AAPL) partner continues to enjoy strong demand for its chips, which appear in the new iPhone 4. Skyworks reported revenue of $275.4 million, a 44% hike on the prior year's quarter, and well above Wall Street's estimate of $269.44 million. Excluding items, Skyworks earned 32 cents a share, double the company's earnings in the same period last year. Analysts surveyed by Thomson Reuters had predicted earnings of 30 cents a share. One of TheStreet's breakout stocks, two of Skyworks' chips feature inside Apple's new iPhone 4. The semi specialist has been attracting plenty of positive attention recently. In a statement released after market close, Skyworks explained that it is powering Samsung's 4G USB modem and has started shipping attenuators and amplifiers for a Cisco ( CSCO) multi-room DVR that will support Verizon's ( VZ) FIOS service. The company also gave bullish fourth-quarter guidance, predicting revenue of $300 million and earnings of 37 cents a share. Analysts surveyed by Thomson Reuters had predicted sales of $287.49 million and earnings of 34 cents a share. Skyworks' results, however, prompted a sell-off in the company's shares, which fell 54 cents, or 2.99%, to $17.60 in extended trading. -- Reported by James Rogers in New York Follow James Rogers on Twitter.