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March 13, 2013
09:12 EDTCRUSCirrus Logic relationship with Apple likely intact, says Stifel
Stifel believes Cirrus Logic's relationship with Apple (APPL), its largest customer, is intact and questions Chipworks' conclusion that Cirrus is excluded from the latest generation Apple TV (AAPL). The firm says Apple TV does not have any audio processing capabilities, making the perceived exclusion of an audio codec and Cirrus misleading. Stifel remains positive on Cirrus Logic shares with a Buy rating and $42 price target.
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May 13, 2013
07:39 EDTCRUSNeedham to host a bus tour
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