Tag Archives: qcom

Broadcom: Numbers Are Connecting For Investors Now [Seeking Alpha]

Broadcom Corporation (BRCM), with a market cap of $19.96B, is a global semiconductor solution for wired and wireless communications, providing system-on-a-chip, and software solutions. Broadcom continues to benefit from strong smartphone/mobile device sales, whereas BRCM’s chips provide short-range wireless connectivity in Apple (AAPL)’s iPhone and iPad, as well as Samsung’s Galaxy line of mobile devices. Apple and Samsung contribute for more than 30 percent of BRCM’s sales, which was helped by stronger iPhone sales.

Strong Revenue and Profit

BRCM posted Q1 revenue of $2.01B, up 9.7 percent from the year-earlier period and beating analysts’ expectation of $1.91B. BRCM reported net income of $191M (33 cents per share), up from $88M (15 cents per share) in Q1, 2012. Excluding one-time costs, BRCM earned 65 cents per share, beating analysts’ estimate of 56 cents per share. Solid results were due to strong demand for wireless base band and connectivity chips. The management also sees sequential growth ahead in broadband business. BRCM expects Q2 revenue of $2.02B-$2.18B, beating analysts’ average projection of $2.05B.

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Qualcomm: Increasing Dividend And Repurchasing Shares To Compensate For Slower Growth [Seeknig Alpha]

Qualcomm Inc. (QCOM) designs, develops, manufactures, and markets digital telecommunications products and services, including developing and licensing wireless technology and manufacturing semiconductors for mobile phones.

Share Repurchase

On March 5, 2013, QCOM announced a new $5.0B stock repurchase program to replace the prior $4.0B stock repurchase program, which had $2.5B of repurchase authority remaining. Repurchases under this program will be made using the company’s cash resources and may be commenced or suspended at any time or from time-to-time at the company’s discretion without prior notice. Repurchases may be made in the open market, through 10b5-1 programs, in privately negotiated transactions or through the use of derivative instruments. QCOM currently has 1.72B shares outstanding. With this new repurchase program, up to 73-74M shares could be repurchased based on the current trading price, reducing up to 4.2-4.3% of total outstanding shares.

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Intel And Qualcomm Are Both Winners [Seeking Alpha]

Intel Corporation (INTC) is the largest chipmaker in the world. Qualcomm Inc. (QCOM) designs, develops, manufactures, and markets digital telecommunications products and services, including developing and licensing wireless technology and manufacturing semiconductors for mobile phones. This article will provide the recent developments for both companies and show why both are winners.

Intel Corporation

Intel had gone ex-dividend on February 5, 2013 with a cash payment of $0.225 per share, payable on March 1, 2013. INTC closed at $21.18 with 1.16% gain on February 5, 2013. INTC is currently offering 4.25% annual dividend yield.

New Chips

For the mobile offering, Intel is expected to bring out a new version of Atom (formerly “Lexington”), which uses less power. The new value offering includes the Intel Atom processor Z2420 with Intel Hyper-Threading technology. For smartphones, Intel Atom Z2580 processor platform (formerly “Clover Trial+”) will include a dual core Atom processor with Intel Hyper-Threading technology, as well as a dual-core graphics engine. The new platform will deliver up to two times the performance benefits over Intel’s current-generation solution (Intel Atom processor Z2460 platform), while also offering competitive power and battery life. For tablets, the next-generation 22nm Atom SoC, “Bay Trail,” will be available for the 2013 holiday. The first quad-core Atom SoC will deliver two times the computing performance of Intel’s current offering. For Ultrabook, Intel is expected to deliver the 4th generation core processors, the first Intel chips which are built from the ground up with the Ultrabook in mind.

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China Mobile’s TD-LTE Technology Expanding Fast, Where To Invest [Seeking Alpha]

China Mobile Ltd. (CHL), ranking as the largest mobile carrier in the world with over 722 million subscribers, had spent two years laying the groundwork for implementing TD-LTE, a 4G mobile phone standard developed by China Mobile for nationwide use. On January 23, 2013, China Mobile had revealed the company’s 2013 TD-LTE terminal development strategy. “We plan to adopt multi-mode, multi-band terminals, with basic terminals supporting 5 modes and 10 spectrum bands, and ideally supporting 5 modes and 12 bands. By 2014, we will require that terminals support Band 41,” explained Wang Hengjiang, director of the products division of China Mobile Terminal. China’s Ministry of Industry and Information Technology, MIIT, had recently allocated Band 41 (2500MHz – 2690MHz) for TD-LTE usage.

Schedule for TD-LTE Products and Handsets

For TD-LTE products, China Mobile will develop its customer-premises equipment and data card offering through a focus on Mi-Fi mobile hotspots. China Mobile will begin “friendly user” trials of LTE Mi-Fi and other related products in the first half of 2013. Mi-Fi trial products will be distributed in Q1 2013, and the service is expected to mature enough in Q2 2013 to begin commercial trial preparations. For TD-LTE mobile handset products, China Mobile will launch “friendly user” LTE handset trials in the second half of 2013. TD-LTE handsets will be distributed in Q3 2013, and a commercial trial will be prepared in Q4 2013.

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Top Bullish Technology Stock On Thursday: Qualcomm [Seeking Alpha]

Thursday’s market sentiment was driven by extreme greed, with the Fear & Greed Index at 92, which was the same as the previous close of 92. As reported by CBOE, the total put/call ratio was 0.88 for the day. The index put/call ratio was 0.84, and the equity put/call ratio was 0.65. The CBOE volatility index (VIX) put/call ratio was 0.43. In the following, top stocks had been identified through our daily options scanning process, with the scanning criteria where the daily call volume ratio was above 2.00 (2x of the average call volume) with a call volume above 10,000.

Name (Ticker) Call Volume Average Call Volume Daily Volume Ratio
Qualcomm, Inc. (QCOM) 49,077 20,879 2.35

Source: Schaeffer’s Research

Unusual option activities can be an indicator or precursor of a major movement for the underlying stock. This article will try to identify the bullish factors for Qualcomm.

Qualcomm Inc.

Qualcomm Inc. (QCOM) designs, develops, manufactures, and markets digital telecommunications products and services, including developing and licensing wireless technology and manufacturing semiconductors for mobile phones. QCOM closed at $64.40 on January 24, 2013 with a 0.76% loss. QCOM had been trading in the range of $53.09-$68.87 in the past 52 weeks.

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‘Born Mobile’ And The Show Time Begins For Qualcomm: A Great Buy [Seeking Alpha]

Qualcomm Inc. (QCOM) designs, develops, manufactures, and markets digital telecommunications products and services, including developing and licensing wireless technology and manufacturing semiconductors for mobile phones. With the upcoming Consumer Electronics Show, CES, scheduled for January 8-11 in Las Vegas, Qualcomm will take an elevated role at the show. Qualcomm’s CEO, Paul Jacobs, will deliver the opening keynote address on Monday night, taking the presentation traditionally held by Microsoft’s (MSFT) CEO, Steve Ballmer. Dr. Jacobs’s keynote will highlight Qualcomm’s “Born Mobile” theme that addresses mobile technology’s role in the world. It is finally the moment for Qualcomm to come forward and become a popular, well-known household name.

Increasing Trend for Smartphones with 5-inch plus Display

The CES show is likely to feature Qualcomm-powered Android phones such as Optimus G2 from LG Electronics Inc., Xperia Z from Sony Corp. (SNE), and Grand S from ZTE Group. Taiwan’s HTC may also release its new M7 flagship smartphones, which also runs on Qualcomm’s Snapdragon processor. China’s Huawei Technologies Co. is also expected to release several new “Ascend” models, which could use Qualcomm’s mobile chips. As stated by Morgan Stanley (MS), “these devices have displays of 5 inches or more, confirming the trend toward larger screens and showing a positive factor for Qualcomm’s royalty business.” Barclays Plc (BCS) forecast that smartphones that are more than 5 inches long will account for 15 percent of total smartphone sales in 2013 and 20 percent in 2015 with an increasing trend, as compared to the current 5 percent.

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