Tech Business Review: iPhone 5 Sales Leading to Chip Sector Slump

Disappointment over weekend sales of the iPhone 5 has led to declining shares of Apple Inc. (NASDAQ:AAPL) component suppliers such as (but not limited to) Broadcom Corporation (NASDAQ:BRCM), Qualcomm Inc. (NASDAQ:QCOM), Cirrus Logic, Inc. (NASDAQ:CRUS), and Skyworks Solutions, Inc. (NASDAQ:SWKS). Much of the broader chip sector is underperforming on Monday.

Don’t Miss: Is Apple Being Stingy With the iPhone 5?

Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>

More from The Cheat Sheet