CAN WOLFSON RECOVER FROM THE LOSS OF THE iPHONE?
ED WOOLFITT GALVAN RESEARCH
“Although Wolfson Microelectronics is confident of ramping up revenues in 2010, today’s announcement serves as a revenue and profits warning for the current year. The outperformance by the shares since the interim results makes the current share price look a long way ahead of events.”
ANTHONY MILLER TECHMARKETVIEW
“It just goes to show that there is no such thing as a loyal client in mobile technology. Clients will move suppliers from model to model if it proves to be cheaper for them. It is fearfully competitive out there for the likes of Wolfson and all they can do is knuckle down and ensure that they can compete.”