I Was Wrong About Skyworks Solutions

Everything went as planned except the direction of the stock price. 

It all started when Apple reported that iPhone shipments missed Wall Street expectations for the quarter in November.   They also said that it will no longer report how many iPhones it sells.

Skyworks Solutions, Inc. (NASDAQ: SWKS), a radio frequency chipmaker that gets almost 50% of their sales from Apple fell by 16% in November, after the company reported fiscal fourth-quarter earnings results due to lackluster demand for the new iPhones.

Skyworks was already struggling to increase its top and bottom lines.  Skyworks was definitely going to be affected by Apple’s slowdown

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