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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: ggamer who wrote (149575)1/31/2013 9:52:43 AM
From: ggamer  Respond to of 213177
 
REFILE-Skyworks profit beats estimates
BY Reuters
— 8:39 AM ET 01/31/2013
(Refiles to fix Apple Inc's stock ticker symbol in paragraph 2)

Jan 30 (Reuters) - Skyworks Solutions Inc posted better-than-expected quarterly results on higher demand for its chips used to connect cellphones to the network.

Net income for the Apple Inc supplier rose to $66.5 million, or 34 cents per share, in the first quarter, from $57.1 million, or 30 cents per share, a year earlier.

Excluding items, the company earned 55 cents per share. Revenue rose 15 percent to $454 million.

Analysts on average were expecting earnings of 54 cents per share on revenue of 450.5 million, according to Thomson Reuters I/B/E/S. (Reporting By Aditya Kondalamahanty in Bangalore; Editing by Supriya Kurane)