Tag Archives: qcom

Qualcomm Workforce Cuts Could Accompany Q3 Earnings

Qualcomm (QCOM) is expected to announce job cuts and even a possible breakup, among other options, when it reports fiscal third-quarter earnings after the close Wednesday, according to several news reports citing unnamed sources. The Wall Street Journal reported Monday that Qualcomm “is expected to conduct a sweeping strategic review that will look at the possibility of a breakup, among other options, after an activist investor pushed for change

Qualcomm Price Target Cut On Weaker Android Sales

Weaker demand for high-end Android smartphones led to a price target cut on chip supplier Qualcomm (QCOM) . Canaccord Genuity analyst Michael Walkley lowered his price target on Qualcomm stock to 77 from 80, though he maintained a buy rating, in a research note Wednesday. Walkley lowered his estimate on global smartphone sales in 2015 to 1.39 billion units from 1.45 billion. Qualcomm is a leading supplier of chips used in smartphones. Qualcomm

Apple iPhone 6S seen offering better battery life

Apple (AAPL) iPhone fans could get their wish for longer battery life with the next iPhone based on a report that it is using a more power-efficient wireless chip. For the iPhone 6S, Apple has selected a new LTE chip from Qualcomm (QCOM) that is capable of delivering twice the download speeds of the chip used in the current iPhone 6, 9to5Mac reported Wednesday. That means faster downloads of apps, music, movies and Web pages. The Qualcomm MDM9635M chip can download content at a rate of 300 megabits per second when connected to an LTE network. Today’s iPhone 6 is only capable of downloading files at 150 mbps. The new Qualcomm chip is more power efficient, which should translate to better battery life, 9to5Mac said. Plus, the motherboard that includes the chip is narrower and more compact, which could allow for a slightly bigger battery, the website said. A recent..