Qualcomm, Inc. (QCOM)’s LTE Dominance, Intel Corporation (INTC) & Broadcom Corporation (BRCM)’s Lowered PT

Page 1 of 2

Editor’s Note: Related tickers: QUALCOMM, Inc. (NASDAQ:QCOM), Intel Corporation (NASDAQ:INTC), Broadcom Corporation (NASDAQ:BRCM), Goldman Sachs Group, Inc. (NYSE:GS), Facebook Inc (NASDAQ:FB), Google Inc (NASDAQ:GOOG), The Walt Disney Company (NYSE:DIS)

QUALCOMM, Inc. (QCOM) Set To Extend Its LTE Baseband Lead Over Intel Corporation, Others (iStockAnalyst)
QUALCOMM, Inc. (NASDAQ:QCOM) looks poised to extend its lead in LTE baseband share in 2014 as the competitors lag behind the company, which makes CDMA chips that power the leading smartphones and tablets. Qualcomm had 97 percent share of the LTE baseband market in the first quarter and a 59 percent share of the baseband market overall, according to Strategy Analytics, which said the global baseband market grew 18.5 percent to $4.6 billion in the first quarter. The other players in the market include Intel (12 percent) and MediaTek (10 percent).

Intel Corporation (NASDAQ:INTC)

Intel Corporation (NASDAQ:INTC) recovering in recent times ; has announced launch of its tablet in late 2014 (Avauncer)
Shares of Intel Corporation (NASDAQ:INTC) were down 1.59% to close at $22.16. As a result, shares remained at the downside of its 52-week range of $19.23 to $26.34. However, shares remained averagely traded with 27.31 million shares changing hands, up from the average volume of 41.49 million shares. The company has rightly identified its future amongst smartphones and tablets. The company shall launch its next-gen tablet in the second half of 2014. Company’s Cherry Trail and Willow Trail processors for tablets will arrive not before second half of 2014.

Goldman Sachs Group Inc Reaffirmed Hold Rating for Broadcom – AMD, NVDA, QCOM, ARMH, ALU (FiscalInsider)
Broadcom Corporation (NASDAQ:BRCM)‘s stock had its “hold” rating reaffirmed by investment analysts at Goldman Sachs Group Inc. in a note issued to investors on Wednesday, Stock Ratings Network reports. They currently have a $30.00 price objective on the stock. Goldman Sachs Group, Inc. (NYSE:GS)’s target price would suggest a potential upside of 19.19% from the company’s current price. Broadcom Corporation (NASDAQ:BRCM) shares decreased -0.87% to $25.17 in last trading session. Stock traded in range of $25.07 – $25.46.

Facebook’s Zuckerberg seeks to expand lower-cost Internet access to emerging economies (TheStar)
Facebook Inc (NASDAQ:FB) CEO Mark Zuckerberg has enlisted Samsung Electronics Co Ltd, QUALCOMM, Inc. (NASDAQ:QCOM) and other technology companies to help him in a project aimed at making Internet access affordable for the 5 billion people around the world who are not online. The group, called internet.org, is the latest effort by an Internet company to seek to expand Web access to emerging economies. It follows a similar thrust by Facebook rival Google Inc (NASDAQ:GOOG), which uses everything from balloons to fibre connections to expand connectivity.

Disney’s ESPN Holds Preliminary Talks for Web-Based Pay TV (BusinessWeek)
The Walt Disney Company (NYSE:DIS)’s ESPN sports network has held preliminary talks to offer programming on a Web-based TV service like those proposed by Google Inc (NASDAQ:GOOG), Sony Corp. and Intel Corporation (NASDAQ:INTC) An Internet TV provider would have to pay as much or more than cable and satellite services, President John Skipper said today at ESPN’s campus in Bristol, Connecticut. He declined to specify the companies ESPN has spoken with. A Web-based service would have to buy “the whole suite of products,” Skipper said. “We’re not going to offer one-offs.”

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!