Analysts revamp Qualcomm stock price targets after earnings
Here’s what could be next for Qualcomm stock.
At the same time as you beget a smartphone, probabilities are Qualcomm (QCOM) has a hand in it.
The corporate’s Snapdragon processors and modem chips energy hundreds of thousands of smartphones, from Samsung (SSNLF) and Google (GOOGL) to Xiaomi.
Even Apple (AAPL) , which is developing its beget modem chips to interchange Qualcomm parts, gentle relies on Qualcomm’s expertise for the iPhone.
But Apple and Qualcomm haven’t always been on good phrases. In 2017, Apple sued Qualcomm, accusing it of charging unsightly royalties and abusing its dominant location in the smartphone enterprise. Qualcomm fired assist, claiming Apple stole replace secrets to attend its modem supplier, Intel (INTC) .
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