Retailers report sizzling sales of the iPhone 5s and the new iPad Air.
The iPad mini has been a hot seller, noted by Wal-Mart who said they sold 1.4 million tablets on Black Friday. In fact, iPads made the top seller list in each of Wal-Mart, Target and Best Buy.
Interestingly, the HP Pavilion 14 inch laptop was a big seller at Wal-Mart and the Microsoft Surface 32 GB tablet was a big hit at Best Buy along with the Kindle Fire and Samsung Galaxy tablet.
What most of these products have in common is what they are missing - a Qualcomm (QCOM) processor.
The iPads have proprietary processors, the Pavilion laptop is "Intel Inside" as is the Samsung Galaxy Tab 3 tablet (if it is the right one, of course) and the Surface has an Nvidia Tegra. Only the Kindle Fire has a Qualcomm chip. Even the Xbox 360 is not Qualcomm, using a Power PC processor and, if the numbers include the Xbox One it has an AMD chip.
I am sure there is some Qualcomm content in these hot selling devices but the mainstream Qualcomm powered devices seem noticeably absent. Qualcomm powers a lot of smartphones from Sony, LG, Samsung, BlackBerry, Motorola, Nokia and others, and I am sure a lot of these devices sold over the holidays as well, but they were not on the list of top items which suggests that maybe, just maybe, Qualcomm might have a less than stellar quarter.
One does not want to read too much into a single day or a single set of data points, but the evidence suggests Qualcomm may disappoint.