• Cirrus sold off after guiding fiscal Q2 a little soft, despite beating Q1 numbers.
• We think not too much should be made of the soft quarterly guidance, given the variety in quarterly figures.
• The company has some good longer-term opportunities and we see Apple more as a strength, rather than a risk.

Source: Cirrus Should Be Fine – Cirrus Logic, Inc. (NASDAQ:CRUS) | Seeking Alpha