3 Things You Should Know About Cirrus Logic, Inc.
Cirrus Logic (NASDAQ: CRUS) is a well-known vendor of audio chips. Its largest customer is Apple (NASDAQ: AAPL), which made up 78% of the company's revenue in its most recent quarter (no doubt driven by its strong position in the iPhone 7 series of smartphones and related accessories), though it has been aggressively pursuing other customers in the smartphone market while trying to bring its audio products to other markets, as well.
Cirrus Logic has an interesting investor presentation on its website that goes into quite a lot of detail about its business, market opportunities, and relevant industry trends. There are three items from the presentation that I think current and prospective investors in Cirrus Logic should be aware of.
Image source: Cirrus Logic.
Source: Fool.com
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