
Skyworks Solutions Inc. (NASDAQ: SWKS) is down 16% in 2025, lagging many technology stocks. The company produces analog semiconductors, and its core business is radio frequency (RF) components for wireless communications.
That provides a predictable revenue stream, particularly when the company generates 50% of its revenue from Apple Inc. (NASDAQ: AAPL). However, that also explains why SWKS stock is down in 2025. It’s becoming difficult for even a company like Apple to deny that consumers are holding off on upgrading their smartphones.