nope, not short here. I am not as long as I could be, and I missed the play off of Apple weakness and the QQQ weakness, but I had thought Apple had already bottomed(but luckily did not buy those A call options I almost did today). I don't play those 'guess my position games.' No need; if I make a mistake I would admit it. But, QCOM will still likely beat on earnings....imo. Would it not take much shortage in iphone earnings (whatever the market is expecting) for Q's earnings to be low? Could it also be that other smart phone demand offsets the iPhone? How early are the parts(chips) already delivered for next QTR?
You shorts may do well short term here now, but if the market is smart, the bottom could already be in, or could come before next week when earnings come in. Was that not the case last QTR? Everyone 'else' dropping like a rock, and then QCOM comes in to SAVE THE DAY?.....ok, slight joke on the last line, but I do believe that Qualcomm will do well, and guidance will be up! Phones and tablets are growing, and QCOM will be there....inside!