QCOM drop - Market overreacting?
The QCOM drop seems like a gross overreaction for something that was already speculated upon when Apple bought the Intel modem division last year. And isn't Apple contractually obligated to use Qualcomm modems in iPhones until 2024 anyway, in addition to the royalties everyone had to pay qualcomm for 5G patents?
Lmao market is autistic. The 5G contract is multiyear and it’s obvious Apple will never give up in house development, idk why the “announcement” is such a big deal
What autism have anything to do here
oh no it’s the 🚨 PC Police 🚨
Doesn't make sense that it dropped like 10 billion in market cap on the basis that they might potentially lose apple's 9% revenue in 2025. I bought more today.
People needed a reason to sell and here you got one. This is a cascading effect. I believe we will see the earnings growth for next 2 years atleast.
Just a temporary drop. Apple is only a small part in Qualcomms portfolio. Nice buying opportunity
There's an incentive for Apple to start these rumors and bring down qualcomm's stock. A lower stock price for qualcomm means it becomes cheaper for Apple to poach qualcomm employees.
I am not sure what’s t the excitement is about. Qcom was at $90 in Jan and is now $140 even after the supposed drop. Why is it such a bargain?
Don’t see why stock should fall back to pre-100 levels. Stock rise was deserved based on earnings and guidance
So the rise was justified but not the fall? These days the prices are set by headlines and not fundamentals like guidance and earnings
QCOM just went on sale - buying more
AAPL will eat their lunch soon.
well the most 'lunch they can eat' is about 9% of revenue anyway. I highly doubt Apple will sell their modems to anyone else