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.