Why Qorvo (QRVO) Shares Are Sliding Today [Yahoo! Finance]
Qorvo, Inc. (QRVO)
Last qorvo, inc. earnings: 1/29 04:00 pm
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US:NASDAQ Investor Relations:
ir.qorvo.com/investor-relations
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Source: Yahoo! Finance
Adding to the signs of weak demand, TF Securities analyst Ming-Chi Kuo added that "demand for the new iPhone 16 is lower than expected -- and down 12% year over year from the first-weekend sales of the iPhone 15 last year." Concerns raised by the analyst include intense competition in the Chinese market and the unavailability of Apple Intelligence (a major selling point) during the iPhone 16 release. Apple shares fell by more than 3% following the reports, hinting at potential vulnerabilities in the coming quarters. Notably, weak demand for the iPhone 16 could translate to lower production volumes, which could, in turn, inform the decision to reduce demand for components like chips, potentially causing a slowdown for semiconductor companies supplying these inputs. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Qorvo? Access our full analysis report here, it's free What is the market tell
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News
- Reflecting On Processors and Graphics Chips Stocks' Q2 Earnings: Qorvo (NASDAQ:QRVO) [Yahoo! Finance]Yahoo! Finance
- Qorvo, Inc. (NASDAQ: QRVO) was upgraded by analysts at TD Cowen to a "hold" rating.MarketBeat
- 2 Radio Frequency Stocks to Watch in a Prospering Industry [Yahoo! Finance]Yahoo! Finance
- Qorvo, Inc. (QRVO) Goldman Sachs Communacopia + Technology Conference (Transcript) [Seeking Alpha]Seeking Alpha
- Qorvo (QRVO) Down 6.3% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
QRVO
Earnings
- 7/30/24 - Beat
QRVO
Sec Filings
- 9/9/24 - Form 4
- 9/6/24 - Form 144
- 9/4/24 - Form 4
- QRVO's page on the SEC website