As part of our partnership with PBS’s Nightly Business Report, TheStreet’s James Rogers will appear on NBR Tuesday (check local listings) to highlight the lesser-known companies riding Apple’s iPhone success.
All eyes will be on Apple this week, with the tech giant expected to launch its new iPad on Wednesday, hot on the heels of the Verizon iPhone.
While the precise iPad 2 specs are still unknown, Verizon iPhone ‘teardowns’ have shone a light on some of the less well-known stocks, such as Skyworks Solutions, Qualcomm, and Cirrus Logic, that are currently riding the Apple wave.
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Verizon CEO Dan Mead has described the iPhone’s debut as the most successful product launch in the company’s history, and there has been speculation that Verizon has already sold more than a million of the iconic phones.
The new iPhone marked the end of AT&T’s exclusive deal to sell the device within the U.S. and capped months of intense speculation about its arrival on Verizon’s network. Verizon is expected to sell around 11 million iPhones this year, although that figure may even prove conservative if recent iPhone sales at AT&T are anything to go by.
Read on for more details on how the Verizon iPhone is helping Skyworks, Qualcomm and Cirrus Logic spell upside for investors.
[Thanks: http://www.thestreet.com]
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