Liked Qcom's statement regarding apple. I think people who do not have the stomach for the battle should sell. Folding to Apple is not an option. It would put all other contracts in the courtroom. Everyone is on the sideline waiting to see if Apple breaks them. Why don't you see it is a slippery slope once you cave. It is better for shareholders to fight. If they win attorney fees will be built in.
Apple is saying this morning that, 'QCOM chips were essential to Apple's products.' (As I said without QCOM chips APPL would be less of a company. Apple then goes on to say that 'it was coerced into paying licensing fees.' Really? What a croc of s---. Poor little APPL getting coerced. Totally not believable.
This thing ever gets a break how does QCOM board sit and let these suits hang over the stock how many more shareholders have to jump the ship..markets are at all time high can't have money sitting on this thing
Personally, as a stockholder, Iwould prefer they settle this mess and get on with making innovative products. Can't help but wonder how much all these legal fees, bad news etc have destroyed stockholder value. Not interested in winning #$%$ match with Apple but in returning value to stockholders-so far we are the ones paying the price as mgmt keeps getting salaries and stock options.
I think Apple is just scamming. Stealing is always cheaper than innovating and they haven't done the latter since Jobs left.
apple is stealing all they can because they DO NOT INNOVATE ANYTHING ANYMORE. they are increasing their price to the sky but will never shave their price point even if they were to save costs in production. think about all the costs they are keeping vs paying out. ts all to divert the attention as they raise their price even higher. now THAT is a crime!!#
AAPL should buy QCOM and put out the fastest phone they can. If they don't, slow iPhones will quickly be replaced by other companies.
still holding ? anyone else is holding ?
this stock as all others are Manipulated. when the powers want it to go up it will...also apple is guilty of price gauging and has some set of B@\\$ to do this to Win. if you remove Qcom tech from the iphone it becomes an IPOD...How much extra do they make on an iphone vs an ipod??? that's y they need to pay up. they are squeezing all suppliers until they can manufacture every part themselves and cut out everyone. do they plan to lower their price to public if they get a reduction???? never!!! isn't apple guilty of racketeering if they are the originator in a scheme to steal(not paying for) product and technology???????
reading another article. . they said should not sell Qcom yet ..hold it for now
57 is a very conservative value. no worries. Every bad news is priced in.
here it goes....
Everyone can blame Apple, but others like Blackberry had their say and won. FTC is suing QCOM too....and China is taking a hard look at QCOM.
The FTC notified Qualcomm on Sept. 17 about its investigation, which is primarily probing the company's licensing business for a potential violation of fair, reasonable and nondiscriminatory terms, or FRAND commitments, according to the SEC filing.
The disclosure of the FTC investigation follows the August announcement by China’s National Development and Reform Commission that it is investigating the chipmaker. Qualcomm officials, including President Derek Aberle, had met with the anti-monopoly bureau in an effort to end the investigation, according to a statement in Chinese on the regulator’s website.
Bottom line, stock isn't going to move with these clouds hanging over it.
This could be another General Electric in the making stock is range bound
New price target upgrade from 61 to 67
when qcom will trade over 60 ??? dragging many weeks already !
anyone knows why it keeps dropping?
APP now seeks to invalidate QCOM patents. As was my belief from the beginning, APP is out to destroy QCOM.
When is the court case suppose to be decided or do we have no idea? Will the new iPhone get blocked?
I notice that Zack's Equity Research weighed in today (6/20) to fully downgrade QCOM to its lowest category #5 (from a #3) , strong sell.