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QUALCOMM Incorporated (QCOM)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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122.69-5.05 (-3.95%)
As of 11:01AM EDT. Market open.
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  • M
    Michael
    a new report suggests that the problem isn’t with the chip development itself – rather, a legal problem over patents.

    In order to design its own chip, Apple needed to invalidate two Qualcomm patents. This battle rumbled on despite the settlement, going all the way to the US Supreme Court. Unfortunately for Apple, the court rejected its appeal bid.
  • K
    Kingspellchecker
    Imagine for a second that a company innovated and owned the internet. They had the patents and technology needed to make the internet happen. Then the fiber companies supported the effort by laying miles of fiber...Cisco and others provided the datacenter connectivity solutions... many others profited from this great innovation called the internet. This "internet" company would drive the standards create an eco system so everyone can make it bigger and better. This would be driven/fed by companies spending a ton of cash to "transform" their business to utilize the new efficiencies of the internet. No company invented the internet, no patents, it was a gov thing... but I think you know where I am going.

    Now, there is a new "connectivity" that will drive EXACTLY what happened above with the internet. However, this time there is a company that invented it, there is a company that develops the technology and owns patents on it. It is also VERY OPEN to drive new markets. Standards exist so that many companies can profit from making products for it... It too will be fed/driven by companies who see the efficiency of the solutions to stay competitive and will spend $$ to transform.

    So don't let the share price and these short term market gyrations scare you - this investment is still an undiscovered gold mine. You are an early investor in this mine who will reap benefits once others realize there is a lot of gold on this claim!
  • b
    bigbear
    Some projections that increase QCOMs numbers... Stacy Rasgon of Bernstein estimates that keeping the full iPhone business would add $4 billion to $6 billion to Qualcomm’s revenue for its fiscal year ending September 2024—an 8%-12% upside to Wall Street’s current projection.
    Chip giant Intel Corp. once tried to develop a competitive baseband for the iPhone but came up short. Qualcomm, the main developer of the digital cellular technology most widely used in today’s networks, has dominated the market for years, accounting for 51% of baseband revenue in 2021, according to Strategy Analytics. But modem chips—also referred to as baseband processors—are notoriously complex, requiring tight integration between a device’s main computing processor and the wireless network to which it is connected.
    Also, we all know Apple bought this Intel division for modem chips, looks like they are still failing.
  • B
    Bozo
    Long live Marta Karczewicz. A true American hero. Gooooo qcom
  • M
    Michael
    iPhone 14 series is expected to have a heavy demand in China. A survey carried out by reliable Apple analyst Ming-Chi Kuo claims that suppliers and retailers are paying significantly higher deposits to pre-pay for the first expected iPhone 14 units. In some regions the deposit is said to be double the amount.

    Good for Qualcomm modem royalties!! Ka-Ming_ching!!!
  • B
    Bruce
    Didn’t hear anything from MU call that changes my thesis wrt QCOM. Auto demand robust, ioT demand robust, 5G phones still growing and should reach 50% of all phones this year. Soft demand is PC’s and non 5G phones… data center inventory adjustments.
  • K
    Kingspellchecker
    Semi index down due to lowering targets on MU ahead of earnings. Targets lowering due to expected lowering of DRAM in 2nd half. Yet, MU has already priced this in and new targets are still $30 higher than where MU is trading. Not to mention this has nothing to do with QCOM's target markets - and also wouldn't it be better to wait a day and release updated targets after you hear from the company?? Otherwise, we have to question the intent of the update.
  • K
    Kingspellchecker
    Do you think Amon would have tweeted yesterday his week old interview with Cramer if he wasn't confident in what he said?

    ""growth fundamentals are intact, and we’ve made a number of consequential announcements since our most recent earnings callincluding a partnership w/@VWGroup
    and the acquisition of Cellwize. We’re growing in auto, #IoT, and mobile. The sky's the limit for Qualcomm.""
  • K
    Kingspellchecker
    Stacy Rasgon of Bernstein estimates that keeping the full iPhone business in 2023 will add $4B to $6B to QCOM's revenue for fiscal year ending FY24 - an 8% to 12% upside to WS projections. - From the WSJ. Buying more time for diversification strategy to overcome the Apple dependency - essentially smooths out the little FY24 dip in growth they projected during Analyst Day.
  • k
    kevin
    If AAPL doesn't buy QCOM I think NVDA could come after QCOM with an attractive merger agreement .
  • L
    LittleFish
    Retweeted by Amon.

    "For Qualcomm, it’s clearly not just about phones anymore. The company today announced new RF Front-End (RFFE) modules targeted for Bluetooth, Wi-Fi 6E and the next-generation standard, Wi-Fi 7.

    The modules are designed for an array of device segments beyond smartphones, including automotive, XR, PCs, wearables, mobile broadband, IoT and more.

    In fiscal year 2021, Qualcomm reached the No. 1 position in RFFE revenues for handsets. Now its goal is to be the global No. 1 for all these business segments, according to Christian Block, senior vice president and general manager, RFFE, at Qualcomm Germany"
  • L
    LittleFish
    Amon tweeted today about his latest interview with Cramer. "Qualcomm’s growth fundamentals are intact, and we’ve made a number of consequential announcements since our most recent earnings call—including a partnership w/
    @VWGroup
    and the acquisition of Cellwize. We’re growing in auto, #IoT, and mobile. The sky's the limit for Qualcomm"
  • k
    kevin
    IF AAPL bought QCOM with shares @ $175 @ share APPL would only increase it's share count by 7% and assume or pay the $4bl difference in QCOM cash and debt . They no longer have legal issues or pay royalty to QCOM plus they would have QCOM business $13bl in net earnings which would add .75cents a share earnings to AAPL's new share count . WIN WIN for AAPL .
  • M
    Marc
    Breaking news:
    Apple will never get a modem to work. The complexities to design and align a modem are deep.
    Apple is best served to align closer to QCOM
  • K
    Kingspellchecker
    Per MU, IOT, 5G and Auto are going strong. Per Amon, IOT, Mobile and Auto are strong. Per Kou, 100% of Apple's business coming back to QCOM. Per Akash RFF module outside of handsets are upside. We are looking at yoy increase in earnings for FY23 of at least 20%. PE of 20 in Nov/23...and the stock is $300.
  • M
    Millionaire2001
    QCOM does not need AAPL's business to maintain growth. Expect current sustained growth minus AAPL. If AAPL decides to stick with QCOM thats just an icing on the cake.
  • m
    mike
    In other words. Apple can’t innovate. Without using qualcom technology and patents. Period. Game over.
  • O
    Ollie
    Can’t figure what’s holding this stock back. Great opportunity for shorts to cover
  • K
    Kinghorn
    Do you guys follow (http://Themaxgains.tech)? It seems way better than all the spam on the QCOM board - The alerts have been great!
  • S
    STEVE
    what happened why the pop