Sramana

Are Analysts Misleading Investors on Qualcomm?

Jolly,

Why don't you click on the links, and read the rest of the analysis?
There are 2 reasons cited, not one. The first, in fact, is that Qualcomm's privileged position in the chip business is NOT due its chip business, but due to QTL. If the royalties are not as easy to come, then the stock would not be valued as high. It would become a normal semiconductor company.

The second reason is that it cannot win by fighting with Nokia in the emerging markets, since Nokia is the #1 player.

The fact is, Qualcomm IS fighting with Nokia.

Sramana