|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||14.67 - 15.05|
|52 Week Range||10.03 - 19.04|
|Beta (3Y Monthly)||1.65|
|PE Ratio (TTM)||15.04|
|Forward Dividend & Yield||1.11 (7.94%)|
|1y Target Est||15.05|
While missing some of the features of a smart display, this alarm clock has a few tricks tailored for your nightstand.
Lenovo CFO Wong Wai Ming says the company has "various options" if the United States decides to implement tariffs on an additional group of Chinese goods.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Cisco (CSCO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Lenovo (0992) (LNVGY) today announced a Preferred Partnership between LanSchool, its classroom management platform, and Clever, the most widely used rostering portal in K–12 schools. The Clever and LanSchool integration will eliminate many of the pain points that teachers and students typically experience when using classroom management software. Setting up and managing software can often be a frustrating and time-consuming process.
Just when it looked like Qualcomm (NASDAQ:QCOM) had put all of its legal woes in the rearview mirror, a new batch of them land in the company's lap, taking a significant toll on QCOM stock.Since last week's high, Qualcomm stock has fallen more than 17% on the heels of news that the FTC has successfully convinced a U.S. District Court that the company's royalty rates for use of its patented technologies are unfairly high.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe matter is still up for debate; Qualcomm says it intends to appeal the recent ruling from Judge Lucy Koh. Success or failure on that front may be irrelevant, however. It's now clear that no matter what, the company will be dealing with legal headaches as long as it continues to work its current business model, using its current set of patents.The alternative? Simply accepting lower margins, though rolling over could prove amazingly unpopular with Qualcomm stock owners. Mizuho analyst Vijay Rakesh believes the recent ruling prompted by the FTC's efforts could cut the company's profits in half, if the judge's decision holds up in appellate court.Take a closer look at some of the recent headlines though. Qualcomm has already been working on its proverbial "plan B." It shows promise as a replacement for jeopardized high-margin revenue. Up-EndedA month ago, all seemed well. The company had just settled years-long legal wrangling with Apple (NASDAQ:AAPL), and then went on to disclose that its third-quarter revenue from the iPhone maker would be far greater than most anyone anticipated. Qualcomm was also coming out as a 5G player on the verge of sweeping commercialization of 5G connectivity. * 5 Safe Stocks to Buy This Summer Then the Huawei ban. Then the recent ruling from a California courtroom, which led Koh to order a renegotiation of patent licensing deals at "fair and reasonable prices." The judge also made clear that exclusive deals -- like the one it had made with Apple -- were off-limits.The decision clearly takes dead aim at Qualcomm's bread and butter, given the tumble QCOM stock has seen since the latest chapter of a storied saga.The company has actually been developing and even launching new products though, which may relieve some of the brewing pressure on its margins. New ProductsWhile the pace of adoption of virtual reality and augmented reality tech has been much slower than expected, the need is still there; the technology was ready before the marketplace could handle it.To that end, Qualcomm just unveiled its Smart Viewer Reference Design, built on the Qualcomm(r) Snapdragon XR1 Platform. The technology could serve as the basis for next-generation AR and VR hardware, and deliver performance that could answer the "what do we do with it?" question that has so far bogged down the movement.More compelling than that, though, is the recently unveiled laptop built with on-board 5G (wireless) connection hardware. Co-developed with Lenovo (OTCMKTS:LNVGY), the device offers at-home broadband speeds wherever it goes… mobile like a smartphone, but all the computing power (and keyboard) of an actual PC.At first glance it's a solution to a problem that doesn't seem to exist. A second, closer look at the solution may suggest complete broadband mobility at 4G speeds wasn't worth the time, effort or expense. The device may mark the onset of a whole new standard in laptop development.More than that, it's a not-so-subtle reminder that 5G is mostly going to be supplied and powered by Qualcomm, more so with the tech you don't see than the tech you do.Bolstering this argument is the fact that Intel (NASDAQ:INTC) is abdicating its wireless broadband modem business altogether, further clearing a path for Qualcomm. Unusual SituationArguably the biggest upside for Qualcomm and QCOM stock in the midst of the madness, however, is the unique position the U.S.-China trade war's ultimately put the tech maker in.What it might look like remains unclear, but if Bloomberg's Shira Ovide is right, Washington may somehow bail Qualcomm out of any trouble it may find itself in going forward.Susquehanna Investment Group analyst Christopher Rolland's "reasoning is that Qualcomm is the U.S.' 'great 5G hope,' explains Ovide, who goes on to say "Qualcomm is one of the few American companies that is essential in guiding standards for next-generation mobile internet technology. This has become as much a symbol of nationalist self-interest as it is a technical project. The U.S. government has framed 5G as a race between the U.S. and China, and Qualcomm is running for flag and country." * 7 Utility Stocks to Trust for Retirement Remember, it was the U.S. government that ultimately ran interference for Qualcomm last year when Broadcom (NASDAQ:AVGO) attempted a hostile takeover of Qualcomm, citing the importance of its 5G know-how.Futurum Research's Daniel Newman says the same. Bottom Line for QCOM StockNone of the products or unspoken governmental support will alter the inevitable reality Qualcomm has been postponing for years. That is, its business model has more than pushed the envelope of what constitutes overly restrictive practices. Even if successful with its appeal (which is statistically unlikely), the company has managed to make multiple enemies … even if they appear to be partners on the surface.It's overly pessimistic to fear Qualcomm can't or won't overcome this headwind, though. As Futurum's Newman added to his bullish case, "Qualcomm intellectual property is still the best. Apple settled on the merits of its agreement with Qualcomm, knowing full well that this ruling would have helped its case. It knew no other company could support its ambitions in 5G and mobile technology."There's also the mostly overlooked possibility that the more affordable (and less exclusive) Qualcomm's IP becomes, the more customers it may attract.In that light -- and given that shares had already moved to a price above $90 earlier this month -- the consensus target of $96.59 still doesn't seem unreasonable. One just has to be willing to take a step back and look at the bigger picture to realize the recent drop was sparked more investors looking through an overwhelmingly pessimistic lens.An end to the ban on doing business with Huawei could end up being a rebound catalyst.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for June * 7 Stocks to Buy From One of America's Best Pension Funds * 4 Consumer Staples Stocks for Both Income and Growth Compare Brokers The post Here's How Qualcomm Stock Could Still Reach Consensus Target North of $96 appeared first on InvestorPlace.
Qualcomm announced during its Computex press conference today that it willlaunch the first Snapdragon-powered 5G PC with Lenovo
Lenovo and Qualcomm don't have many details to share, other than the fact that Limitless will use a Snapdragon 8cx chipset and support 5G connectivity. The reference laptop was slightly laggy in applying the edits, but otherwise held up.
President Donald Trump has threatened tariffs on another $300 billion worth of Chinese goods — but Chinese PC-maker Lenovo is prepared to shift its production if that happens, says its CFO Wai Ming.
Tech giant Lenovo Group Ltd on Thursday reported a market-beating three-fold surge in quarterly profit helped by strong personal computer (PCs) sales, and said its production plans had not been affected by the ongoing Sino-U.S. trade war. Dual-headquartered in China and the United States, the world's largest PC maker on Thursday said it is "well poised to navigate the turbulence in the geopolitical and macro-economic environment". The United States has sought to address what it believes is imbalanced trade with China, unleashing waves of tit-for-tat import tariffs on billions of dollars worth of goods.
The Chinese computer maker’s focus on higher-margin products will offer investors some comfort that management’s turnaround strategy has been successful. While there’s no evidence to suggest Lenovo has committed any infractions worthy of U.S. wrath, the White House’s new offensive isn’t entirely predictable.
Key InsightsPC makers shipped 4.6% fewer devices in the first three months of 2019 from a year earlier, Gartner estimatesThe loss-making data center division boosted sales 2.3% to $1.25 billionMobile division revenue climbed 15%Lenovo, like other Chinese tech giants, has to grapple with rising tensions with the U.S. that may depress its performance in the key North American market.“Trade tensions and potential tariffs may be key to Lenovo’s near-term thesis, even as its large PC segment likely stayed healthy,” Anand Srinivasan, an analyst with Bloomberg Intelligence, said before the results were released.
HONG KONG-- -- Lenovo posts record fiscal year results with revenue reaching all time high of US$51 billion, up 12.5% year-on-year Intelligent Transformation strategy drives PTI jump to US$856 million – up more than four times at 459% YOY Net income is US$597 million, an increase of US$786 million from last year Strong fourth quarter performance included double-digit growth on revenue to US$11.7 billion, ...
Supply is proceeding as usual, Lenovo said in a statement on Weibo Sunday. The computer maker will continue to sell its products and services to Huawei based on regional regulations where Lenovo operates, it added. U.S. President Donald Trump signed an order this month seeking to restrict Huawei and fellow Chinese telecommunications company ZTE Corp. from selling their equipment in the U.S.
Yesterday, Lenovo shared a promotional video for the rumored foldable Motorola RAZR . While the 30-second teaser was shared with members of the media during a group interview and was accompanied by the Lenovo logo, it appears that the company used video from a fan and branded it as its own. The footage that was played by Lenovo was actually spliced together from a render created by tech YouTuber Waqar Khan . According to Khan, he didn't give Lenovo permission to use the concept images that he created. Engadget has reached out to Lenovo and Motorola regarding the video and will update this story if we hear back.
It's no secret that Motorola is working on a foldable phone. According to Sina Tech, Lenovo shared a video with media today that shows the new, RAZR-like phone in action -- Engadget has since learned the video was an edited fan render Lenovo was using for a press demo. The video offers a glimpse of the device folding in half and opening flat.