Estimating Cirrus Logic's December Quarter
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Cirrus Logic's December quarter revenue is projected at $550 million, supported by Apple iPhone sales and ASP increases from new products. Risks include potential declines in iPhone sales in China and uncertainties in ASP gains. March quarter guidance is challenging, but partnerships with Samsung and Intel could boost revenue.
January 23, 2025 | 6:00 am
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Cirrus Logic's December quarter revenue is estimated at $550 million, driven by Apple iPhone sales and ASP increases from new amplifiers and codecs. Risks include potential declines in iPhone sales in China and uncertainties in future ASP gains.
The revenue estimate of $550 million is a positive indicator, driven by Apple sales and new product ASP increases. However, potential declines in iPhone sales in China and uncertainties in ASP gains pose risks. The mention of partnerships with Samsung and Intel suggests potential future revenue boosts, supporting a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100