Skyworks up ~9% on strong guidance/ QCOM implications
Skyworks Solutions Inc. (SWKS)
-NasdaqGS ? Follow
31.11  2.49(8.70%)
Strong guidance>>>> ( thanks - seekingAlpha)
To put our growth trajectory into perspective, EPS for the first half of 2014, as measured by our first quarter reported results and second quarter guidance, is 2.5x the EPS we reported for the first half of 2010, representing a 25% compounded growth rate over that 4-year period. With our expanding market footprint, the stage is set for continued revenue growth, margin expansion and earnings leverage.
Snips- QCOM mentions
+ We're actually -- what we're seeing in China today…. We're seeing strong attach rate with QRD, strong attach rate with MediaTek, including some of their workhorse, smartphone, quad core models.
+ I guess the third element, is the whole theme of -- as these phones become more -- smartphones become more complex and indeed feature phone transitions to smartphone and then smartphone move more towards 4K, they're having very high penetration rate of some pretty sophisticated analog processing, ….., whether it's MediaTek, QRD -- or Qualcomm QRD, and that's where we're gaining volume and we're gaining share.
+ Have you seen a discernible mix shift from WiFi-only tablets to LTE? And is that helping some of your growth drivers into the near term?
Liam K. Griffin - Executive Vice President and Corporate General Manager
Yes. That's a great question. …. But it is true we're starting to see more and more LTE -- full cellular LTE engines attaching with Wi-Fi. In the past, it may have been about 25% to 30% penetration. We've seen some companies go 100%. But certainly, the dial is moving up, and that does present a real significant pop in content for us
.+ Edward F. Snyder - Charter Equity Research
SkyOne. So I think there's some confusion in the investor base when Qualcomm talks about RF360. I think a lot of folks think SkyOne is a similar product, but it's quite a bit different, isn't it, Liam? It looks like maybe MMPA, some amplifiers, but much more focused on the hardened bands [ph], but more utility. Can you just give us a really brief descriptions of, one, what's in it; and, two, how it varies from what a lot of people think is going on with RF360?
http://seekingalpha.com/article/1951101-skyworks-solutions-management-discusses-q1-2014-results-earnings-call-transcript?part=single |
