This Might Be the Real Reason Apple, Inc. Wants Qualcomm, Inc. Out of Its iPhones
Beginning with the iPhone 7-series smartphones last year, Apple (NASDAQ: AAPL) started to dual-source cellular modems from both Qualcomm (NASDAQ: QCOM) and Intel (NASDAQ: INTC) after relying exclusively on Qualcomm for years.
This led to a drop in Qualcomm's stand-alone cellular modem shipments and a new lifeline for Intel's efforts to break into the market for cellphone chips.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
€199.70
-0.400%
Our community is currently high on Apple Inc. with 104 Buy predictions and 8 Sell predictions.
As a result the target price of 208 € shows a slightly positive potential of 4.16% compared to the current price of 199.7 € for Apple Inc..
