How is Qualcomm Performing?
With a market cap of $109.29 billion, Qualcomm still expects to report a first-quarter profit of $1.12 per share with almost $6 billion in revenue, in comparison to its $0.97 on almost $4.7 billion in revenue for the last year. Shares of Qualcomm have gained more than 10% for the past year, and looks like they will continue to push forward in the near future.
Let the Chipsets Fall Where They May
Fellow chip maker Intel Corporation (NASDAQ:INTC) has been steadily lagging Qualcomm. Due to the decreasing sales of personal computers, Intel’s profits and its stock are no longer what they used to be. The company’s fourth quarter earnings for 2012 were only $2.5 billion, around 27% down from the same quarter only a year prior. Revenue also declined from $13.9 billion to $13.5, a three-percent reduction in the same time frame.
ARM Holdings plc (ADR) (NASDAQ:ARMH) , a relative newcomer to the sector, is dead set on using the decline of PC sales and the tablet/smartphone boom to its advantage. The company has done so by designing chipsets and providing licenses to manufacturers and buyers such as Apple. ARM Holdings has been raking in record amounts of revenue, in no small thanks to the popularity of iPads, iPhones, and other iGadgets. For Apple, though, the share price could use a boost; shares have tumbled from a high of $705 by twenty-nine percent. Despite it being debt-free, the high valuation of its stock means that not all traders can afford to buy in.
