Sure would like to see some September smartphone data out of China.
And then what handset makers plan major launches this quarter?
Revenues for seasonal December qtr have me a little concerned, but a 2% bump in gross margin (UK facility+Cmos ramp) should have Rfmd knocking on 38% for December.
September results are going to be very positive. Brug needs to point out some strengths continuing into December. I'd also like to know what % revenue growth Rfmd puts on FY15. Any revenue growth above 10% on top of this year's $300m avg qtr, and the 38% will push fwrd eps to 60 cents.
Hope this govt debt deal gets done so the share price has a little chance to run before earnings.
Sentiment: Strong Buy
This whole Fwrd PE and Trailing PE is difficult to make sense of. The disparity is huge.
Avgo and Swks have Trailing PE's of 18 and 19.
Avgo and Swks have Frwd PE's of 12.6 and 10.
Apparently, investors do not have as much confidence in Swks hitting their next year numbers as they do Avgo hitting their numbers.
Clearly, Rfmd is lagging both with Fwrd PE of 9 and plus, this is off low earnings estimates.
Rfmd should get a boost in PE come Oct. 22.