|Bid||53.61 x 1300|
|Ask||53.80 x 1000|
|Day's Range||53.53 - 54.03|
|52 Week Range||48.56 - 76.50|
|Beta (3Y Monthly)||1.68|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 29, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||2.48 (4.27%)|
|1y Target Est||68.50|
On Qualcomm’s (QCOM) fiscal 2018 fourth-quarter earnings call, CFO George Davis stated that the handset market has weakened over the last year. The company is looking to diversify its revenue streams in two ways: firstly by offering different smartphone technologies, such as RFFE (radio frequency front-end) and fingerprint scanners to increase the number of components per device, and secondly by entering adjacent markets such as connected cars. Qualcomm continues to offer its Snapdragon 800 processors for premium phones and has added Snapdragon 700 for high-end phones.
Investors need to pay close attention to QUALCOMM (QCOM) stock based on the movements in the options market lately.
The FCC has initiated the first-ever high-band 5G spectrum auction last week in order to gain an upper hand over China in the 5G race.
5G (fifth-generation) technology is Qualcomm’s (QCOM) silver lining in the troubled smartphone market, where its business model is facing several legal and regulatory issues. Qualcomm has been in a licensing dispute with its core customer, Apple (AAPL), since January 2017, and this has escalated to ~100 litigations across the world. As the lawsuits are ongoing, Apple has withheld royalty payments until a settlement is reached.
This month, Apple published 10 job listings on its website for chip design-related positions located in the city, marking the first time the Cupertino, California-based technology giant has publicly recruited for such roles in the Southern California hotbed for chip design. Apple is advertising for engineers to work on multiple types of chip components, including engineers to work on the company’s Neural Engine artificial intelligence processor and wireless chips. Apple is seeking hardware and software engineers to work on wireless components, implying that it may be adding a new location for its efforts to produce wireless chips.
On Qualcomm’s (QCOM) fiscal 2018 fourth-quarter earnings call, CEO Steven Mollenkopf, stated that the company’s first priority for fiscal 2019 would be the transition to 5G (fifth-generation) technology. Mollenkopf believes that the 5G ecosystem is far bigger than 3G (third-generation) or 4G (fourth-generation) technology because 5G will go beyond faster network technology to facilitate a connected world in which all industries—from automotive to manufacturing to healthcare—will use 5G-enabled services. According to a study commissioned by Qualcomm, 5G-enabled services will create an economic opportunity of up to $12.3 trillion from various industries by 2035.
Shorting a stock, also called short selling, is a trading skill used by investors that can provide big returns when done right but involves big risks.
Qualcomm’s (QCOM) fiscal 2018, which ended in September, was an extraordinary year for the company, and it featured some headline-making events. The year started with Broadcom (AVGO) making a hostile takeover bid for Qualcomm in November 2017. In the next chapter, Qualcomm walked away from its acquisition of NXP Semiconductors (NXPI) in July 2018 after the deal got caught up in the US-China (FXI) trade war.
Verizon (VZ) widens its lead over rivals in the race to 5G service and is expected to be the first to offer a 5G upgradeable smartphone on its network in 2019.
In 2016, South Korea’s antitrust regulators required Qualcomm to license its technology to competitors. Qualcomm’s management keeps reiterating that it’s looking to resolve the licensing issue with Apple, but a Reuters article citing a source familiar with the matter has stated that a settlement is nowhere in sight. Apple ditched Qualcomm’s modem in favor of Intel’s (INTC) modem for its 2018 iPhone models, which would slash more than $750 million from Qualcomm’s chipset revenue in the first quarter of fiscal 2019.
Expanded offerings help hospitals and health systems extract value from data to improve patient outcomes, lower costs and recapture revenue SAN DIEGO , Nov. 13, 2018 /PRNewswire/ -- Qualcomm Life, Inc., ...
In October 2017, the TFTC (Taiwan Fair Trade Commission) fined Qualcomm (QCOM) $774 million for antitrust violations. The Taiwan (EWT) FTC stated that Qualcomm did not license its modem technology to other industry players. Qualcomm appealed the fine’s amount and the calculation method, as it did not justify the revenue it had earned from Taiwan.
Qualcomm’s (QCOM) legal department has been pretty busy handling the lawsuits related to its licensing model. Qualcomm’s SEPs facilitate interoperability, which means users of two different telecommunications carriers can message and call each other. On November 6, US Federal Court Judge Lucy Koh gave a preliminary ruling that Qualcomm should license some of these SEPs to rivals such as Intel (INTC).
Intel isn't about to let Qualcomm claim a lengthy lead in 5G mobile chipsets. It supports LTE and earlier technologies, too, so device makers won't need to have two chips consuming extra space and battery life.
Qualcomm (QCOM) has been looking to settle its legal and regulatory issues, and it has achieved success in some of its efforts. The latest preliminary ruling among several Qualcomm lawsuits was by the US FTC (Federal Trade Commission). In early 2017, the FTC had accused Qualcomm of antitrust issues.
Qualcomm (QCOM) has been in the news for various reasons. It was at the center of the US-China trade war in relation to its NXP Semiconductors (NXPI) acquisition, which was eventually canceled. US President Donald Trump also recently canceled Broadcom’s (AVGO) hostile takeover of Qualcomm, stating that the latter was of strategic relevance for 5G (fifth-generation) deployment in the United States.
The name of the game in investing is "total return." When you buy a stock, your total return comes from two places - price appreciation and dividends. For the longest time tech stocks were never mentioned hand-in-hand with dividend stocks. Pick up Amazon.com (AMZN) for $300, sell half at a thousand bucks a few years later, and you're sitting on free shares worth $1,600 each a year after that. That's the blueprint! Many tech stocks used to offer share splits as their prices rocketed higher. However many technology companies are maturing, and with breakneck growth in the rear-view mirror, and they need a different way to draw investors. The answer, for many, has been to start delivering dividends, paying investors for owning their shares. To be clear, tech stocks that pay dividends aren't done growing. The increased presence of technology in all aspects of human life means that there's still plenty of upside, even for Wall Street's biggest tech companies. To wit, old-guard blue chip Microsoft (MSFT) has surpassed Google parent Alphabet (GOOGL) and Facebook (FB) in market value this year, and it's neck-and-neck with Amazon. Here are 10 tech stocks that offer an ideal combination of dividends and growth potential. They might not be the flashiest names in the sector, but they deserve attention nonetheless. SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond
Intel (INTC) has replaced Qualcomm (QCOM) as Apple’s supplier of the modem chips used in iPhones. The latest iPhones, which were unveiled in September, use Intel’s modem or wireless chips. Intel’s filling Qualcomm’s shoes at Apple resulted in its modems business growing 131% YoY (year-over-year) in the third quarter.
STOCKSTOWATCHTODAY BLOG Numbers By Barron’s is a two-minute financial podcast with three vital numbers to start your morning. Available on iTunes, Stitcher, and wherever you get your podcasts—as well as on your Amazon Alexa smart speaker Three numbers to start your day: 100% is how much Ron Baron of Baron Capital said the stock market would rise in 10 years on Friday morning Bananas, right? Not really.
SAN DIEGO , November 12, 2018 /PRNewswire/ -- Can be used to boost mobile ecosystem security around the globe Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), today ...
Qualcomm Technologies, Inc. Shares DIRBS Software Platform to Address Counterfeit and Stolen Devices