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Cirrus Logic Inc. Message Board

  • bavaris7 bavaris7 Oct 9, 2012 9:54 AM Flag

    its not crus

    apple sell off takes all of its suppliers down...brcm, qcom, swks, tqnt, etc...

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    • and yet CRUS is attached at the hip to apple so if it is apple it is therefore also cirrus.

      the danger of buying and holding a component maker that has more then half its revenue tied to a single customer and a single product line.

    • Technology

      A lot is being made of the introduction of the iPhone 5 and what could be a possible iPad Mini. We know from checking with Verizon that the iPhone 5 is back order by about a month right now and that this holiday season will see that as a popular gift. The rumors about the iPad Mini seem to grow by the day and with the very recent, detailed reports we have read it has to be closer to a reality than not at this point. We think the best way for most investors to play this is via Cirrus Logic (CRUS) with an entry point around these levels. The shares trade ended yesterday's session at $37.47/share after falling $0.47 (1.24%) on volume of 1.7 million shares. We think that this one will hit new highs on iPhone 5 results alone, but couple that with the possibility of a new iPad model and we could see this testing the mid to high forties.

      Seaking Alpha web site for full article

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