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.
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