Tag Archives: qcom

Apple To Face 64-Bit Competition From Android Devices

Apple’s (AAPL) iPhone 5S was the first smartphone with a 64-bit processor to hit the market, but it will have company later this year when Google (GOOG) Android-based devices start using 64-bit chips. Intel (INTC), Marvell Technology Group (MRVL), MediaTek, Qualcomm (QCOM) and Nvidia (NVDA) all announced their first 64-bit mobile processors at Mobile World Congress last month. But 64-bit-compliant Android smartphones are unlikely to hit the market

Qualcomm ‘Better Than Peers,’ Earnings Ease Fears

Qualcomm (QCOM) stock rose Thursday after its earnings and outlook released late Wednesday alleviated the worst fears that slowing smartphone sales would pressure its growth. Qualcomm stock was up 2.5%, near 73, in midday trading in the stock market today. The stock hit an all-time high of 75.90 last Thursday. “Given the recent negative commentary coming out of the handset industry, investors were expecting mixed results from Qualcomm,” wrote Anil

Qualcomm Q1 Lightens Fears Of Smartphone Slowdown

Mobile technology giant Qualcomm late Wednesday reported earnings and gave guidance that appeared to alleviate fears that slowing smartphone sales would pressure its growth. But the developer of wireless chips for mobile phones posted mixed results for its fiscal Q1, ended Dec. 29. Revenue rose 10% from the year-earlier quarter to $6.62 billion, missing analyst consensus estimates of $6.66 billion. But Qualcomm (QCOM) reported earnings per share,