Qualcomm Inc.(QCOM)- NASDAQ
  • Feb. 14, 2012, 9:29 AM
    More on the iPad: In-line with earlier rumors, the WSJ claims Apple (AAPL) will offer a 4G LTE version of the iPad 3, and that Verizon (VZ, VOD) and AT&T (T) will be among the companies to sell it. The arrival of a 4G iPad would be a slight positive for baseband chip supplier Qualcomm (QCOM), though the unwillingness of many consumers to pay for an extra data plan has hurt sales of 3G tablets thus far.
    | Feb. 14, 2012, 9:29 AM
  • Feb. 13, 2012, 10:12 AM
    Nvidia (NVDA +0.9%) gains on an FBR Capital upgrade to Outperform on valuation ahead of the upcoming Mobile World Congress. FBR says it believes the company has achieved some Tegra 3 design wins in the HTC Edge, displacing Qualcomm (QCOM), and LG's X3 smartphone.
    | Feb. 13, 2012, 10:12 AM
  • Feb. 10, 2012, 4:19 PM
    Motorola Mobility (MMI, GOOG), which last week won a German iCloud injunction, this week has a suit filed against Apple over a patent deemed essential to 3G devices dismissed. Meanwhile, Apple is suing Motorola for allegedly breaching a patent cross-licensing deal with Qualcomm (QCOM), a chip supplier to both parties, by asserting patents covered by that deal. Patent lawyers are doubtlessly pleased. (earlier)
    | Feb. 10, 2012, 4:19 PM
  • Feb. 9, 2012, 2:08 PM

    HTC, which just posted a weak Q4, is adjusting its product strategy. As part of the adjustment, the company, which heavily uses Qualcomm's (QCOM) Snapdragon processors to power its smartphones, plans to boost its reliance on Nvidia's (NVDA) Tegra processors. Shipments of HTC phones featuring Nvidia's "Kal-El" Tegra 3 chip are expected to surge during 1H12. (previously)

    | Feb. 9, 2012, 2:08 PM
  • Feb. 3, 2012, 2:25 PM

    Sprint (S) attempts to challenge the Kindle Fire by offering the ZTE Optik, a 7-inch Android tablet sporting a Qualcomm (QCOM) Snapdragon processor, for $100 with a 2-year contract ($350 without a contract). 3G tablet sales have lately failed to keep pace with the tablet market's overall growth, and that's proving a hindrance for Qualcomm and other wireless chipmakers.

    | Feb. 3, 2012, 2:25 PM | 3 Comments
  • Feb. 2, 2012, 11:27 AM

    Several wireless chipmakers are getting a lift from Qualcomm's (QCOM +3.1%) strong FQ1 report, and the healthy chip shipment data that accompanied it. Qualcomm's earnings call remarks about strong Chinese 3G uptake could also be helping, given existing fears about Chinese demand. SWKS +6.4%. TQNT +2.4%. MRVL +1.8%. SQNS +3.2%. SPRD +2.2%.

    | Feb. 2, 2012, 11:27 AM
  • Feb. 2, 2012, 10:52 AM

    PTs on Qualcomm (QCOM +3.1%) move higher following its FQ1 beat and guidance hike, as booming smartphone sales translate into soaring chip shipments and royalties. Wells Fargo sees the migration from 2G to 3G networks, which still has a ways to go, continuing to increase Qualcomm's addressable market. During its earnings call, Qualcomm noted shipments of its high-end Snapdragon processors rose 120% Y/Y.

    | Feb. 2, 2012, 10:52 AM
  • Feb. 2, 2012, 9:00 AM

    Premarket gainers: GMCR +21%. CEDC +21%. MTSN +15%. OMEX +10%. GPS +8%. CNQR +6%. EA +6%. CDNS +6%. QCOM +5%. ELGX +5%. GFA +5%. AUO +4%. KSS +4%. ZNGA +4%. IRE +4%. CMI +3%. K +3%. CPST +3%. JDSU +3%. MA +3%. RENN +3%.
    Losers: SD -13%. ANF -12%. ANN -10%. NG -9%. BSX -6%. CI -6%. RCL -6%. UN -5%. MPW +4%. VIA -4%. UL -4%. CHKM -4%. SNE -4%. PCX -4%. PHM -3%. DOW -3%. ANZ -3%. CUK -3%. CCL -3%. NBG -3%.

    | Feb. 2, 2012, 9:00 AM
  • Feb. 1, 2012, 4:29 PM

    More on Qualcomm's FQ1: Shipped 156M MSM baseband chips, up 32% Y/Y. Expects 146M-154M MSM shipments in FQ2, up 24-31% Y/Y. Collected royalties on 191M-195M devices at ASP of $212-$218, up from FQ4's $204-$210 thanks to strong smartphone sales. Sees FY12 device ASP of $204-$216. Ended quarter with $22B in cash and investments. QCOM +4.7% AH. (PR)

    | Feb. 1, 2012, 4:29 PM
  • Feb. 1, 2012, 4:07 PM
    Qualcomm (QCOM): FQ1 EPS of $.97 beats by $0.07. Revenue of $4.68B (+40% Y/Y) beats by $100M. Expects FQ2 revenue of $4.6B-$5B and EPS of $0.91-$0.97, above consensus of $4.5B and $0.89. Expects FY12 revenue of $18.7B-$19.7B and EPS of $3.55-$3.75, mostly above consensus of $18.48B and $3.59. Shares +3.7% AH. (PR)
    | Feb. 1, 2012, 4:07 PM | 1 Comment
  • Feb. 1, 2012, 12:10 AM

    Notable earnings after Wednesday's close: ALL, AMP, BMC, CCK, CDNS, EA, EQR, GMCR, GTAT, ISIL, JDSU, LVS, QCOM, TSO, VMC

    | Feb. 1, 2012, 12:10 AM
  • Jan. 31, 2012, 5:35 PM

    Notable earnings after Wednesday's close: ALL, AMP, BMC, CCK, CDNS, EA, EQR, GMCR, GTAT, ISIL, JDSU, LVS, QCOM, TSO, VMC

    | Jan. 31, 2012, 5:35 PM
  • Jan. 31, 2012, 9:11 AM

    Taiwan's MediaTek, a top-5 player in the baseband chip market, says it expects a 10% Q/Q revenue decline in Q1, due to weak demand for chips used in 2G "feature phones," many of which go to Chinese OEMs. MRVL and RFMD have already warned of similar weakness (I, II). Qualcomm (QCOM), which reports tomorrow and primarily sells 3G and 4G baseband chips, might be taking share.

    | Jan. 31, 2012, 9:11 AM
  • Jan. 30, 2012, 10:25 AM

    RBC and Bernstein raise their estimates for Qualcomm (QCOM -0.4%) ahead of Wednesday''s FQ1 report. Both see Apple's huge FQ1 iPhone figure as a positive for Qualcomm (QCOM), which supplies multiple components for the 4S. RBC also thinks Samsung's Q4 and growing 4G adoption bode well, and calls Qualcomm's high-end MSM8960 processor "the chip to beat" from a performance standpoint.

    | Jan. 30, 2012, 10:25 AM
  • Jan. 26, 2012, 2:31 PM

    HTC, reeling from its Q4 share losses, says it will introduce a smaller number of higher-quality devices in 2012. John Paczowski notes HTC's Mobile Phone Finder lists 51 devices, far too many to maintain strong quality control. Qualcomm (QCOM), which is a major chip supplier to HTC, and is believed to collect a relatively high royalty from the company, is likely hoping HTC's efforts bear fruit.

    | Jan. 26, 2012, 2:31 PM
  • Jan. 24, 2012, 11:54 AM

    Intel (INTC) has never been a major player in the mobile base station processor space; the market has been dominated by QCOM, TXN, FSL, and several network processor specialists. But an initiative called Cloud-RAN, in which base station processing is shifted to data centers, could give Intel a foothold. In Intel's vision of Cloud-RAN, its Xeon CPUs would handle the processing, rather than specialized chips.

    | Jan. 24, 2012, 11:54 AM | 1 Comment
Company Description
QUALCOMM, Inc. engages in the development, design, manufacture, and marketing of digital telecommunications products and services. It operates through three segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, and Qualcomm Strategic Initiatives. The Qualcomm CDMA Technologies... More
Sector: Technology
Industry: Communication Equipment
Country: United States