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Qualcomm: Now that’s a surprise

Qualcomm: Now that’s a surprise

Update July 21. After the close of the market yesterday, July 20, Qualcomm (QCOM), the biggest maker of chips that run mobile phones, reported net income of 97 cent a share for the quarter that ended on June 26. That beat the 73 cents a share earned in June quarter of...

Sell Qualcomm (QCOM)

You’ll pardon me, I hope, if I’m nervous heading into Qualcomm’s (QCOM) earnings announcement for the second quarter of fiscal 2010 on Wednesday, April 21. Last quarter Qualcomm shares dropped 14.3%–or $6.72 a share–on January 28, the day after the company...

The recovery isn't yet a sure thing

In my 11:45 post today, “Huh? Wall Street thinks higher unemployment is good news?” I said that I was still not convinced that the economic recession was truly over. The recovery that we’ve seen signs of in the last few months could simply be inventory restocking....

Qualcomm to manufacture Kindle in UK

According to Electronista.com, Amazon is almost ready to set a UK release date for the Kindle.  “Manufacturing responsibilities for a UK Kindle are said to be going to Qualcomm, who is also allegedly responsible for finding a regional cellular...

Buy Qualcomm QCOM

Buy Qualcomm (QCOM).  In the current stock market and economy you want to own stocks in the sectors of the market that are outperforming rather than lagging and you want to own companies that can grow even when the economy isn’t. I think cell phone chip-maker Qualcomm...

Why Rallies Fail

Has the rally that began in March run out of gas? Sure looks that way. After climbing by 40% from the March 9 bottom through June 12, the Standard & Poor’s 500 Stock Index has gone precisely nowhere. Well, maybe even a little short of nowhere. From June 12th...