In addition, cash flows from operating activities indicates higher inventories. Cash flows rose to $29.6M, compared to $6.56M last year. Conclusion Risks for Cirrus Logic will rise if Apple’s growth slows in the next few years. More than 80% of revenue may come from Apple alone. Conversely, investors might look instead at companies less reliant on Apple. This includes Broadcom (BRCM), Qualcomm (QCOM), Synaptics (SYNA), and Skyworks (SWKS). Do you think Apple's forward guidance could spell trouble for its suppliers? Use the list below to begin your analysis and let us know what you think in the comments.
1.Apple Inc. ( AAPL):Designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. Market cap at $446.66B, most recent closing price at $500.60.
3.InvenSense, Inc. ( INVN):Designs, develops, markets, and sells micro-electro-mechanical system (MEMS) gyroscopes for motion tracking devices in consumer electronics. Market cap at $1.64B, most recent closing price at $19.69.
4.Broadcom Corp. ( BRCM):Designs and develops semiconductors for wired and wireless communications. Market cap at $16.62B, most recent closing price at $29.76.
5.QUALCOMM Incorporated ( QCOM):Engages in the development, design, manufacture, and marketing of digital wireless telecommunications products and services. Market cap at $123.64B, most recent closing price at $74.22.
6.Synaptics Inc. ( SYNA):Develops and supplies custom-designed human interface solutions that enable people to interact with various mobile computing, communications, entertainment, and other electronic devices. Market cap at $1.94B, most recent closing price at $58.36.
7.Skyworks Solutions Inc. ( SWKS):Together with its subsidiaries, offers analog and mixed signal semiconductors worldwide. Market cap at $5.94B, most recent closing price at $30.25.
( List compiled by Chris Lau, a Kapitall Contributor. All data sourced from Zacks Investment Research except where otherwise indicated.)