What Do Qualcomm’s Price Ratios Say about Its Valuation?
Qualcomm’s (QCOM) stock price isn’t sensitive to the market’s movements. Even aggressive purchases by investors brought just a 3.8% rise in the stock’s price in ten days.
Qualcomm is looking to invest in customer engineering and marketing to bring cost-efficient technology to a larger audience and boost 4G adoption in the country.
There was increased optimism among investors in May 2017 after Qualcomm launched its Snapdragon 600 series and its Snapdragon 835 witnessed strong demand.
Qualcomm (QCOM) is a leader in the Smartphone market because of its wireless connectivity solutions, network infrastructure, and low-power, ARM-based Snapdragon processors.
Qualcomm plans to focus the combined company’s technology, sales channel, and scale toward the larger growth opportunity of the connected world.
According to a research report by Morgan Stanley, Smartphone shipments to India are expected to grow at a compound annual growth rate of 23% to 192 million by 2018.
Qualcomm (QCOM) reported strong growth in the QCT (Qualcomm CDMA Technology) segment in fiscal 2Q17.
Qualcomm continues to dominate the premium mobile processor market with its Snapdragon 800 series. However, the mobile demand trend is shifting toward mid- and low-tier phones.
Qualcomm (QCOM) is acquiring NXP Semiconductors (NXPI) to boost its chipset business, which is being hit by an overall slowdown in the Smartphone market.
Qualcomm (QCOM) is acquiring NXP Semiconductors (NXPI), which could expand the former’s exposure beyond communications and into automotive and security solutions.
Qualcomm is preparing for its biggest acquisition yet of NXP Semiconductors (NXPI) for $38 billion excluding debt. This move will change Qualcomm’s business model.
In fiscal 3Q17, Cisco Systems (CSCO) returned $2.0 billion to its shareholders.
Cisco Systems (CSCO) has generated investor returns of 17.4% in the trailing-12-month period and -4% in the trailing-one-month period.
Cisco Systems’ (CSCO) routing business saw a revenue fall of 2% YoY (year-over-year) in fiscal 3Q17.
US-based (SPY) Cisco Systems’ (CSCO) Switching segment saw a revenue rise of 2% YoY (year-over-year) in fiscal 3Q17.
Cisco Systems’ (CSCO) Wireless segment’s revenue rose 13% YoY (year-over-year) in fiscal 3Q17.
In fiscal 3Q17, Cisco (CSCO) saw a significant YoY (year-over-year) revenue growth of 9% in its Network Security Business segment.
Technology (QQQ) company Cisco Systems’ (CSCO) Collaboration business posted a 4% revenue fall on a YoY (year-over-year) basis in fiscal 3Q17.
On May 17, 2017, Cisco Systems (CSCO) announced its fiscal 3Q17 results. It reported revenue of $11.9 billion, a 1% fall year-over-year.
On May 15, 2017, T-Mobile was trading 6.0% above its 100-day moving average.