Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Qualcomm Technologies, Inc., the business arm of Qualcomm Inc. (QCOM - Analyst Report), will supply its new Snapdragon 800 processors to Microsoft Corporation’s (MSFT - Analyst Report) Windows RT 8.1-based tablets.

Qualcomm’s Snapdragon 800 quad core chipset supports 3G/4G LTE modem with ultra HD graphics and faster clock speeds of up to 2.2 GHz per core. Hence, it is very helpful for users of Windows RT 8.1-based devices. Moreover, it offers better battery life and users of the new operating platform will also get free updates during the latter part of the year from the Windows Store.

Windows devices integrated with Qualcomm’s Snapdragon 800 processors will hit the stores during the latter part of the year.

Most high-end smartphones are powered with Qualcomm’s Snapdragon processors as the company is one of the leading suppliers of LTE-based chipsets. The popularity of Snapdragon processors will further gain traction as recently launched handsets like Samsung Electronic’s Galaxy S4, Sony Corp’.s (SNE - Snapshot Report)  Sony Xperia Z and Research in Motion’s (BBRY - Analyst Report) new BlackBerry Z10 are using Qualcomm’s chipsets.

Moreover, world’s largest telecom operator, China Mobile has set a target to deploy nearly TD-LTE 200,000 base stations by the end of 2013. China Mobile has already selected Snapdragon and Gobi-based LTE-TD smartphones as it runs well on such home grown networks. This will create a huge growth opportunity for the company.

In the recently concluded quarter, Qualcomm shipped approximately 173 million CDMA-based MSM chipsets, up 14% year over year and expects to maintain this trend in the next quarter.

Currently, Qualcomm carries a Zacks Rank #3 (Hold).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
GENERAL FINA GFN 8.20 +5.67%
QIHOO 360 TE QIHU 91.57 +4.38%
VIPSHOP HOLD VIPS 140.01 +3.49%
INVESTMENT T ITG 19.16 +3.34%
VERTEX ENERG VTNR 7.38 +3.07%