Qualcomm’s Revenue Ready to Spike

Written by on March 13, 2011 in Investing with 1 Comment

I started buying Qualcomm’s stock in September for this very reason:

the 3G radio (iPad2) represents yet another big win for Qualcomm. The 3G chip is the same one used in Motorola’s Xoom tablet, and in the Verizon version of Apple’s iPhone. That’s pretty big props (not to mention volume). Information Week

It is a no-brainer that Qualcomm will be the 3G radio supplier for the iPhone 5 and most likely the iPhone 6 & 7 as well.  In other words, Qualcomm’s revenue is getting ready to spike and the stock price is coming along for the ride.

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  • Hawkeye

    QCOM has been a great performer for several years and has grown itself to be smack dab in the middle of all things CDMA, digital, radio, wireless communication, etc… I suspect with its premier position of control of almost all really important patents/royalty earnings as to wireless growth (smartphones, tablets and several other devices) plus a stellar balance sheet with approx. 16 billion in CASH and no long term debt to service. That means continuing growing dividends AND stock value growth for many years to come. Earnings will continue to grow from several sources. Nothing is foolproof in life but this company and its stock is a solid choice with very reasonable risk to think about. Thanks. Hawkeye.