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FrancisUnderwood

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FrancisUnderwood

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Thursday, 01/14/2016 3:25:50 PM

Thursday, January 14, 2016 3:25:50 PM

Post# of 147326
Revenue growth of 16% yoy for Cirrus is very good news for Apple. As they have control over an architecture (iOS) it is in their very best interest to pass down low margin business to suppliers within their own value chain. Apple riding the cost curves of their suppliers and 16% sales growth for Cirrus probably means much more volume growth for Apple. That should result in higher gross margins for Apple going forward, too.
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