Bloomberg News
Skyworks makes analog chips used in a variety of products, including the latest iPhone.
Skyworks Solutions Inc. tumbled the most in the Russell 1000 index, even after the Woburn company raised its outlook a bit for earnings per share in its fiscal fourth quarter. Skyworks now expects non-GAAP earnings per share of 52 cents, versus previous guidance of 50 to 51 cents. But investors were disappointed with the wireless semiconductor company’s projections for chip supplies to Apple’s iPhone 5 during an analyst day event, Frederic Ruffy, a senior strategist at WhatsTrading.com, wrote in a note to clients.
