Tech Today: Apple Suppliers Rocked, Stitch Fix Soars, Snap a Work in Progress

Shares of Cirrus Logic, Skyworks Solutions and other Apple suppliers drop on word the iPhone may see 20% lower production rates this year compared to last, Snap is a work in press according to Aegis Capital's Victor Anthony, Verizon names a new CEO, PayPal has expanding opportunities with Visa and MasterCard collaborations, the chorus is rising about slowing sales of chip equipment, and the market for storage equipment using flash-based storage is on fire accordion to Morgan Stanley's Katy Huberty.

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