9.80 -0.02 (-0.20%)
After hours: 6:49PM EDT
|Bid||9.70 x 21500|
|Ask||9.92 x 28000|
|Day's Range||9.72 - 9.88|
|52 Week Range||6.00 - 9.88|
|Beta (3Y Monthly)||0.39|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.11 (1.14%)|
|1y Target Est||9.91|
Artificial intelligence and automation solutions remain key enablers for Ericsson's (ERIC) business growth. It continues to execute its strategy and is well on track to achieve 2020 financial targets.
Telecom equipment maker Ericsson received 4.62 billion rupees (50.79 million pounds)from RCom as unpaid dues from a deal it had signed in 2014, a spokeswoman said on Monday. India's richest man Mukesh Ambani, who controls oil-to-telecoms powerhouse Reliance Industries, appears to have offered support to ensure Anil Ambani paid off total dues of 5.5 billion rupees ($80 million) to Ericsson.
Ericsson (ERIC) has been selected by Danish service provider TDC to roll out nationwide commercial 5G, as part of a major network overhaul, and provide managed services through the Ericsson Operations Engine. Also encompassing R&D innovation, the collaboration will enable TDC to drive its 'Digital Denmark' ambitions - to empower a new digital economy era and enhance Denmark's reputation as a digital leader - by helping mobile broadband subscribers, enterprises, industries, and society to capitalize on 5G, the Internet of Things (IoT), and Industry 4.0.
The Ambani brothers, whose public feud over control of the Reliance empire after their father's death in 2002 led to a split in the conglomerate, may have taken a major step to a more harmonious relationship on Monday. India's richest man Mukesh Ambani, who controls oil-to-telecoms powerhouse Reliance Industries that is now worth many times the troubled business group run by his younger brother Anil, appears to have offered some kind of support to ensure Anil paid off a 5.5 billion rupees debt. If Anil didn't pay the debt, then he had been threatened by India's Supreme Court with a prison term.
How Network Systems Vendors Are Working to Drive Growth(Continued from Prior Part)America leading anti-Huawei push Cisco Systems (CSCO) CEO Chuck Robbins suggested in a recent media interview that the ongoing push by some Western governments to
How Network Systems Vendors Are Working to Drive Growth(Continued from Prior Part)New directors bring valuable perspective NetScout Systems (NTCT) recently reconfigured its board of directors. The company appointed Vivian Vitale and Michael Szabados
Rep. Will Hurd recognizes the importance of cybersecurity and solutions like AI for maintaining the U.S.'s technology dominance, but its the race with China for 5G that keeps him up at night.
Here's What's Driving Growth for Ericsson and Nokia(Continued from Prior Part)Revenue Manager suffered demand shortageIn 2016, Ericsson (ERIC) made a bet that customers would like a full-stack business support system and launched a product called
Here's What's Driving Growth for Ericsson and Nokia(Continued from Prior Part)Ericsson secures deal with leading phone makerEricsson (ERIC) recently entered a multiyear patent license agreement with Oppo, which is a big deal. Oppo is one of the
Here's What's Driving Growth for Ericsson and Nokia(Continued from Prior Part)Concerned Huawei customers consider NokiaHuawei’s troubles with Western countries seem to be creating an opening for its rivals to feast at its expense. As Bloomberg has
There's a battle of the technology titans brewing after Apple (NASDAQ:AAPL), a few days ago, sent a not-so-hidden message to semiconductor giant Qualcomm (NASDAQ:QCOM). With AAPL and Qualcomm stock still well below last year's highs, their ongoing feud should be quite dramatic.Source: Shutterstock In a well-received public announcement, Apple disclosed plans to bring 1,200 employees to San Diego, where QCOM is based. For us San Diegans, this is welcome news. I'd like to think we're a bit smarter than some of the people in New York City: while nothing in life is perfect, we know a good thing when we see it. * The 10 Best Stocks to Buy for the Bull Market's Anniversary But the owners of Qualcomm stock reasonably suspect that AAPL has ulterior motives. For the past few years, QCOM and Apple have been locked in an increasingly-antagonistic conflict. It's a long story that is well beyond the scope of this article. But to briefly summarize, QCOM alleges that Apple infringed its intellectual property. Conversely, Apple counters that QCOM has charged the iPhone maker excessive royalties.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo who's right, and who's wrong? The better question is, who's more in the right than in the wrong? As the EE Times' Junko Yoshida asserts, the conflict originated more than a decade ago when Apple launched its first iPhone. Back then, Apple threatened to use a competing wireless technology unless QCOM offered generous marketing payments.But whatever the original catalyst, the battle has proven to be overwhelming. Like squabbling siblings going after the last piece of pie, neither side appears willing to concede.But just how much will this raging inferno impact Qualcomm stock going forward? Probably not as much as you might think. Qualcomm Stock Will Benefit From 5GDon't get me wrong: I'm not suggesting that QCOM stock will escape unscathed from the ongoing, bitter legal disputes. Admittedly, in the nearer-term, Qualcomm stock appears poised to experience some choppiness.Most notably, Apple stopped buying smartphone modem providers from Qualcomm, turning to QCOM's rival, Intel (NASDAQ:INTC), instead. Adding insult to injury, AAPL later began exploring the possibility of building modems in-house. On the surface, it appears that, no matter what AAPL does, Qualcomm stock will be in trouble.And while QCOM has positive momentum in domestic and international courts, the chipmaker is no angel. Qualcomm's practice of leveraging its exclusive partnership with Apple to cripple its competition attracted federal oversight and investigations.Apple CEO Tim Cook comically quipped that doing business with Qualcomm is like "buying a sofa" and paying "a different price depending upon the house that it goes into."But despite all the sneers and outright hostilities, one factor stands above the rest: Qualcomm's chips are currently the only legitimate pathway to the next-generation 5G network. As a result, you shouldn't overlook Qualcomm stock.Intel's modems couldn't come anywhere close to Qualcomm's performance metrics. And when it comes to 5G, QCOM enjoys first-to-market advantage with its Snapdragon X50.Let's also not forget that Apple is miles away from integrating its in-house modems into its first 5G-enabled iPhone, slated for release next year. If Apple's own modems aren't ready, Intel is on standby. However, Cupertino has expressed displeasure with Intel's performance, or lack thereof.Thus, all roads to 5G currently require paying the Qualcomm toll, which will naturally benefit QCOM stock. Qualcomm Stock Has Other Tailwinds, Too!One of the main catalysts for 5G is that this tech enables multiple functions. Key among them is autonomous driving, and guess who's in the driver's seat?In November of last year, I stated that Qualcomm stock is a direct play on automated transportation. At the time, I wrote:According to MIT Technology Review, Qualcomm, along with Ericsson (NASDAQ:ERIC), Huawei and Nokia (NYSE:NOK), began C-V2X development in 2016. C-V2X is an acronym for "cellular-vehicle-to-everything," and represents unprecedented wireless-tech integration with vehicles.Prior telecom technologies simply didn't have the bandwidth to accommodate true autonomous transportation. But with engineers pushing the boundaries towards science-fiction levels, automated technologies could very well become reality. That logically boosts the profile of QCOM stock, as the underlying company can explore multiple, revenue-generating options.Given this context, Qualcomm's lackluster trading off its recent highs is a big opportunity for speculators. Not only that, but its present 4.6% dividend yield may entice those who aren't the biggest risk-takers.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post Legal Noise Won't Stop Qualcomm Stock appeared first on InvestorPlace.
Here's What's Driving Growth for Ericsson and Nokia(Continued from Prior Part)Financial details of deal kept under wraps Nokia (NOK) recently announced winning a multiyear network development contract from United States Cellular (USM). The contract
U.S. intelligence experts say those overtures and efforts at transparency do little to safeguard against espionage.
WASHINGTON, March 8, 2019 /PRNewswire/ -- Ericsson (ERIC) and UNESCO (United Nations Educational, Scientific and Cultural Organization) have formed a new partnership to educate and empower the next generation, with the partners to develop a new digital skill learning program that has specific emphasis on scaling up Artificial Intelligence (AI) skill development for young people. With the rapid deployment of advanced technologies such as mobile broadband, cloud, IoT, automation and AI, a new set of skills is required to enter the workforce.
Alphabet Updates: Google Assistant, China Search Engine, and More(Continued from Prior Part)Chronicle launches productAlphabet’s (GOOGL) cybersecurity division, Chronicle, has reportedly rolled out its first commercial product called
NEW YORK, March 07, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Annual Report 2018 available for download Printed version available for order STOCKHOLM , March 1, 2019 /PRNewswire/ -- The Ericsson (NASDAQ: ERIC) Annual Report for 2018 is now available on the Ericsson ...
Paul Dellaquila, Defiance Global Head of ETFS, says 5G will “change the way we work and live because it’s going to increase speed, lower latency and give Internet mobility to parts of the world that never had it before.” Yahoo Finance’s Alexis Christoforous speaks to him.