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Apple suppliers Cirrus Logic, Qorvo estimate revenue below Street

2016-01-08 02:05:32| Semiconductors - Topix.net

Jan 7 Apple Inc suppliers Cirrus Logic Inc and Qorvo Inc estimated third-quarter revenue below analysts' expectations, exacerbating fears about softening iPhone demand. Cirrus shares slumped 9.5 percent to $24.25 in after-market trading on Thursday, while Qorvo's fell 12.4 percent.

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