yes,AAPL is an innovation co..Any company become a major suppliers for AAPL is a lottery winner.
Live by the sword aand die by the sword...Crapple specializes in destroying suppliers...CRUS is not exempt...it is going back to $15 AND REMAIN moribund once again
Apple is down$2.50,how does killing Crus justify anything.The SEC is really worthless.If they had not changed the one cent uptick rule this would not be happening!!!
it has nothing to do with aapl. Get the #$%$ off your trading screen and look the whole market. Will rebound with the market.
The market? AAPL -0.1%, NASDQ - 0.7%, CRUS - 10%!
They got troubles. From their presentation:
"• Increased pricing pressures in the smartphone market
• Gross margins expected to be in the mid-40’s
• Revenue for fiscal year likely impacted by expected decline in ASPs "
I hope so. I was sure this would buoy in a down trend like I thought APPL would. Well tomorrow is the conference.....maybe a boost there.
Sentiment: Strong Buy