Vulnerability Matrix: Who's Most Exposed to an iPhone Slowdown?

Apple's suppliers are facing increased scrutiny as markets worry about a potential slowdown in iPhone sales. The trend could have severe consequences for these companies, which rely heavily on Apple revenue.

Cirrus Logic, Universal Display, and Skyworks Solutions are among the most exposed to an iPhone slowdown, with heavy concentration of Apple revenue and small diversification buffers. Cirrus Logic's market cap is just $5.92 billion, making it the smallest pure-play Apple supplier.

The company's 70-80% reliance on Apple revenue means even a modest 5-10% cut in iPhone builds could push Cirrus into a revenue decline. The stock has already dropped 16.9% over six months, suggesting the market is pricing this risk in.