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28.04.2019 19:00:00

3 Things Cirrus Logic Needs to Address When It Reports Earnings

Cirrus Logic (NASDAQ: CRUS) specializes in chips that provide audio functionality in smartphones and, increasingly, in other smart devices, including smartwatches and smart speakers. It's also expanding its product portfolio to include chips to perform secure voice biometrics and to enable devices to deliver tactile feedback to users.For now, the company is known for being heavily dependent on sales of audio chips to Apple (NASDAQ: AAPL) to keep its business humming, with 81% of its revenue over the last nine months coming from chip sales to that smartphone giant.Image source: Getty Images.Continue reading
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