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More from Canaccord: Separately, analyst Mike Walkley names AAPL, QCOM, and SWIR his top telecom...

More from Canaccord: Separately, analyst Mike Walkley names AAPL, QCOM, and SWIR his top telecom picks for 2012. Walkley sees the iPhone continuing to gain share in a smartphone market he expects will grow 35% in 2012, and believes the market's short product cycles will lead OEMs to opt for Qualcomm's integrated solutions. 4G rollouts and M2M modem demand are seen giving Sierra a lift
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