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>> APPLE INC. Latest News

APR 19, 2013 - Business Insider

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If Apple Tanks Further It Could Take Down These Companies With It (AAPL)

Apple's earnings are next week. As usual, they're a big deal. The company's stock has been in a tailspin as investors believe iPhone demand has finally hit a wall. Growth for Apple is expected to slow, or disappear. If Apple's earnings are weak, it won't hurt just Apple. It will effect its suppliers, too. Bloomberg's Adam Satariano took at look at some of the companies that would be hurt if Apple's guidance is tepid next week. Cirrus Logic. It makes audio chips for Apple's iPhones and iPads. It already pre-announced a bad quarter, with bad guidance. It tanked, and it dragged down Apple. It ... Read More

Tags: If Apple Tanks Further It Could Take Down These Companies With It (AAPL),  Apple Inc. Latest News