Techdamentals
Nov 3, 6:16 AM
Cirrus Logic
$CRUS supplies audio and mixed signal chips with a large share of revenue tied to Apple. Apple's fiscal year revenue was
$479B, up about 15%, its best year ever. The reason the stock still fell is that guidance, not results, is where new information lives, and a December margin guide of 45-46% against 47.9% delivered was the new information.
Video: https://youtu.be/4SDQwhKE85I
Written version: https://techdamentals.com/newsletter/apple-raised-prices-why-did-margins-fall?ref=st
What is it worth? 👇
https://techdamentals.com/v/CRUS?ref=st
Educational, not advice.
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