QCOM - QUALCOMM Incorporated
55.27 0.00 (0.00%)
After hours: 6:59PM EST
| Previous Close | 54.77 |
| Open | 55.39 |
| Bid | 55.15 x 1800 |
| Ask | 55.27 x 1200 |
| Day's Range | 54.99 - 55.90 |
| 52 Week Range | 48.56 - 76.50 |
| Volume | 28,019,644 |
| Avg. Volume | 16,141,000 |
| Market Cap | 66.996B |
| Beta (3Y Monthly) | 1.25 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -3.33 |
| Earnings Date | Jan 30, 2019 |
| Forward Dividend & Yield | 2.48 (4.38%) |
| Ex-Dividend Date | 2018-12-05 |
| 1y Target Est | 68.40 |
- Investor's Business Daily Video•15 minutes ago
Qualcomm Goes Beyond Core Mobile Market and Apple In These Growth Segments
Qualcomm Goes Beyond Core Mobile Market and Apple In These Growth Segments
- CNET•yesterday
FTC VS Qualcomm: Why should you care?
The two are battling over Qualcomm’s licensing practices. Here’s what it could mean for the future of smartphones.
- Bloomberg•2 days ago
Ex-Qualcomm CEO Jacobs Says Time Isn't Right for Takeover Bid
Jan.16 -- Former Qualcomm Inc. Chief Executive Officer Paul Jacobs, who left the chipmaker last year and then said he was preparing a bid to take it private, said the “time isn’t right” for such a move. He speaks on "Bloomberg Technology."
- MarketWatch•3 hours ago
5 sleeper stocks that will win from this year’s hot tech trends
Some less-hyped tech companies should do well as artificial intelligence, Internet of Things, 5G and Edge Computing all driving massive investment.
- Reuters•4 hours ago
Apple ordered to pull part of press release in Qualcomm case
The iPhone maker was banned from selling the iPhone 7 and 8 models in Germany in December following a patent dispute with Qualcomm Inc (QCOM.O). Qualcomm on Thursday obtained the preliminary injunction stopping Apple from using a statement that it released to the press in response to the December ruling.
- Reuters•4 hours ago
Apple ordered to pull part of press release in Qualcomm case
The iPhone maker was banned from selling the iPhone 7 and 8 models in Germany in December following a patent dispute with Qualcomm Inc. Qualcomm on Thursday obtained the preliminary injunction stopping Apple from using a statement that it released to the press in response to the December ruling. At the time, the iPhone maker said that it would no longer stock the iPhone 7 and 8 at its 15 retail outlets in Germany but those models would remain available to customers through more than 4,300 carriers and resellers across Germany.
- Market Realist•5 hours ago
Slack Changed ‘Simply Awful’ Logo: Is an IPO Coming Soon?
Slack Changed ‘Simply Awful’ Logo: Is an IPO Coming Soon?Slack If you work in an office environment, then you’re probably using Slack—or at least you must have heard about it. Slack Technologies, a provider of cloud-based apps and services,
- Bloomberg•5 hours ago
Leaked Emails Reveal New Reason Apple, Qualcomm Parted Ways
The FTC argues that Qualcomm won’t sell chips if customers don’t also pay hefty licensing fees. Billions of dollars in chip supply deals involving Apple and Qualcomm may have actually collapsed over a squabble about software access, rather than the patent fees that sparked a bitter legal battle between the two technology giants, according to the emails seen by Bloomberg.
- Bloomberg•6 hours ago
Apple Ordered to Pull Part of iPhone Germany Availability Statement in Qualcomm Case
Qualcomm Inc., which won an iPhone ban in December, on Thursday obtained a preliminary injunction stopping its rival from using a statement that Apple distributed to the press in response to the initial ruling. The court said Apple’s release was misleading because the December judgment also ordered Apple to recall the products from resellers, according to a copy of the decision obtained by Bloomberg News.
- Market Realist•yesterday
Tim Cook’s Views on Privacy Show Why Apple Is the Safest
Tim Cook’s Views on Privacy Show Why Apple Is the SafestApple 2019 began on a negative note for Apple (AAPL). On the first trading day of 2019, January 2, the company cut its guidance for the quarter ended December 29. In a press release titled
- Benzinga•yesterday
Morgan Stanley Breaks Down Qualcomm's Best Legal Strategy With Apple
Confusion over the difference between Qualcomm’s standard essential patents/IP and its non-essential patents/IP has impacted media coverage over the ongoing FTC lawsuit and maybe even the FTC’s legal arguments themselves. The FTC has said it would like to force Qualcomm to license essential IP according to principles of fair, reasonable and non-discriminatory licensing, but Faucette said Qualcomm has already demonstrated its willingness to do so in China and with Apple, Inc. (NASDAQ: AAPL).
- Benzinga•yesterday
Apple Watches Could Be Covered by Insurance, In Boost To Wearables Sector
CNBC reported Wednesday that Apple is in talks with at least three Medicare plans about partial coverage of the Apple Watch for people over 65, while also discussing the idea with non-Medicare insurers. Insurance companies say the preventive information gleaned from such wearable technology can save treatment dollars in the long run.
- InvestorPlace•yesterday
Apple Stock Needs to Declare Independence From iPhone Dependence
Apple (NASDAQ:AAPL) cannot escape the negative sentiment surrounding its iPhone. The company began the year on news of an iPhone-induced revenue miss and a 7.5% decline in Apple stock. It won one of its court cases against Qualcomm (NASDAQ:QCOM) regarding their ongoing patent dispute. However, the company has seen little else to celebrate as iPhone revenues continue to take a beating. Still, amid the bad news, investors should remember that AAPL stock holds the largest cash hoard in corporate America. Even if AAPL languishes in the near term, the recent decline should eventually become a lucrative buying opportunity as the company works to replace lost iPhone revenues. ### Apple Stock Finally Received Some Good News News regarding the iPhone and rumors that Intel (NASDAQ:INTC) has pursued its SVP of hardware development has dominated the headlines on Apple stock recently. Still, AAPL got something it has not received in a while -- good news. InvestorPlace - Stock Market News, Stock Advice & Trading Tips A court in Germany dismissed a patent suit against Apple by Qualcomm. The court ruled Apple had not infringed on Qualcomm patents. This represents the first win for Apple in a series of patent suits Apple launched against Qualcomm in many countries. * Top 10 Global Stock Ideas for 2019 From RBC Capital Although this boosts morale for Apple, it does not change the fact that the Apple-Qualcomm relationship has suffered irreparable damage. Apple has moved on and produces its latest iPhone models without Qualcomm chips. Hence, I question whether this will have a lasting effect on Apple stock. ### Lower iPhone Revenues Could Become Permanent It also does not change the fact that AAPL stock will probably have to adjust to the reality of lower iPhone revenues. The iPhone accounted for over 59.1% of Apple's sales in the fourth quarter. This means Apple's fortunes rise and fall with the iPhone. The recent revenue miss also hints at what will likely come. Moreover, as my colleague Brad Moon points out, "batterygate" could have contributed to this decline. More customers than expected rushed to take advantage of $29 battery replacements, delaying the need for a new iPhone. Still, that may have actually kept more customers in Apple's iOS ecosystem. Yes, aging phones and the rise of 5G will eventually force some future upgrades. However, consumers can now find unlocked phones for a much lower cost in the Android ecosystem. Sometimes, these phones sell in the $200 range for a company's latest release. The lowest-cost model of the newest iPhone costs no less than $749. Many higher-end models retail for over $1,000. Given that cost differential, one has to expect that Apple will lose more iPhone users in the coming years. ### Do Not Count Apple Stock Out Yet Despite this decline, investors should also remember that few companies have more ability to redefine themselves than Apple. The company's $237 billion in cash creates numerous options. If Apple cannot invent its next revenue source, it can buy it. Former CEO John Sculley believes that Apple will become a gamechanger in the healthcare industry. Its advances with the Apple Watch point in that direction. Whatever the source, cash-rich companies such as archrival Microsoft (NASDAQ:MSFT) have shown an ability to come back after sales fell in their core product. One has to assume Apple can engineer a similar comeback amid an iPhone revenue decline. Apple stock has also reached a compelling multiple. The price-to-earnings (P/E) ratio stands at just over 12.8. Looking back over the past ten years, the average annual P/E has never fallen below 11.4. That low might explain why Apple bounced off of the $142-per-share low it saw on Jan. 3. In the two weeks since that time, Apple stock has risen by about 9%. Time will tell if that low forms a more permanent bottom. However, for now, AAPL has stopped falling. If healthcare or another business turns into a revenue catalyst, AAPL stock should return to growth mode. ### The Bottom Line on Apple Stock Apple stock has dealt with declining revenues in its core product in recent months. However, Apple's ability to reinvent itself could ultimately rescue AAPL. Yes, winning one lawsuit against Qualcomm boosts morale. However, it does not change the fact that falling iPhone revenues have severely damaged Apple. Although AAPL stock bounced off of a recent low, the company may struggle to gain traction in the near term. * 7 Best ETFs for Novice Investors However, the P/E ratio of Apple stock has begun to flirt with multi-year lows. The company also holds the largest cash position in corporate America, giving the company numerous options. AAPL could languish for some time to come. Still, with its low multiple and its large cash position, Apple stock has become a buying opportunity in need of a catalyst. Investors should treat it as such. As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post Apple Stock Needs to Declare Independence From iPhone Dependence appeared first on InvestorPlace.
- Zacks•yesterday
Telecom Stock Roundup: AT&T to Shelve Data Sharing, Qualcomm's Defense & More
As the U.S. Justice Department pursues a criminal case against Huawei for alleged trade secret theft, it seems that the Trump administration will leave no stone unturned to ban China's smartphones from the country.
- PR Newswire•yesterday
Qualcomm Schedules First Quarter Fiscal 2019 Earnings Release and Conference Call
SAN DIEGO , Jan. 17, 2019 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced that it will publish the Company's financial results for its first quarter fiscal 2019 on Wednesday, January ...
- Zacks•yesterday
Keysight Inks Deal Initiated by UNISOC to Propel 5G Projects
Keysight (KEYS) signs a 5G agreement initiated by UNISOC. The company also announces changes in its reporting segments.
- Markit•yesterday
See what the IHS Markit Score report has to say about Qualcomm Inc.
# Qualcomm Inc ### NASDAQ/NGS:QCOM View full report here! ## Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is moderate for QCOM with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The $6.46 billion in inflows that ETFs holding QCOM received over the last one-month is a decline from earlier in the period and among the weakest of the past year. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•2 days ago
Qualcomm (QCOM) Stock Sinks As Market Gains: What You Should Know
Qualcomm (QCOM) closed at $55.27 in the latest trading session, marking a -0.83% move from the prior day.
- Zacks•2 days ago
China's U.S. FDI on the Decline Amid Strained Relationship
China's U.S. FDI sees a decline of 84% year over year to $4.8 billion in 2018 - the lowest since 2011.
Market Realist•2 days agoQualcomm’s Q1 2019 Earnings to Reflect Lost Orders from Apple
What Q4 Semiconductor Earnings May Have in Store for Investors(Continued from Prior Part)Qualcomm’s fiscal 2019 first-quarter earnings estimatesSo far, we have seen that semiconductor companies with exposure to the smartphone market are set to
- Motley Fool•2 days ago
A Big Risk to Intel's Modem Efforts
Apple's ambition wasn't to sole-source this critical component from Intel.
- Investopedia•3 days ago
8 Corporate Earnings That Are Vulnerable To China's Downturn
The steep economic slowdown in China has become cause for major concern among stock investors who own U.S. companies that derive significant revenue from that market. As the corporate earnings reporting season gets underway, this may weigh heavily on many companies' financial results -- just as it did on Apple Inc. (AAPL), when it issued gloomy forecasts based on lowered expectations in China. “My guess is, what Apple did will be the blueprint for many other companies,” says Joe LaVorgna, chief economist for the Americas at Paris-based investment banking and asset management firm Natixis, per a story in The Wall Street Journal.
- The Wall Street Journal•3 days ago
[$$] Germany Dismisses Qualcomm’s Latest Patent Suit Against Apple
BERLIN—A German court dismissed a patent lawsuit from Qualcomm Inc. against Apple Inc., the first setback in the country for the chip maker in a dispute that resulted last month in the ban of some iPhone sales in China and Germany. The regional court in the city of Mannheim said Tuesday that a patent-infringement case brought by Qualcomm was unfounded, though the chip maker can appeal the decision. The ruling is the first of six patent cases brought by Qualcomm in Mannheim, with the second such decision expected next month, a spokesman for the court said.
- Motley Fool•3 days ago
Why Qualcomm Shareholders Should Be Furious
Qualcomm's management team didn't act in the best interests of shareholders.
Market Realist•3 days agoIntel May Announce Next CEO before Q4 2018 Earnings
What Q4 Semiconductor Earnings May Have in Store for Investors(Continued from Prior Part)Will Intel announce its next CEO at its fourth-quarter earnings? Previously, we saw that Xilinx is set to report strong growth in the December 2018 quarter
