Apple Suppliers Blow Past Estimates, While Apple 'Watches'

Wednesday night, Cirrus Logic, reported numbers for its June quarter and blew the doors off Street estimates.  The company beat on the top line by $12 million and came in ahead of the bottom line number by a $0.06 per share.  In addition, Cirrus provided guidance that also came in ahead of Street estimates by around $25 million in terms of revenues. Shares of CRUS were up over 20% before the late day sell-off led to a 16.3% higher close on the day. (please note I am long Apple shares and optio...