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> the Board has concluded that Broadcom’s proposal dramatically undervalues Qualcomm and comes with significant regulatory uncertainty Qualcomm's stock took a
by gourou 9y ago
> the Board has concluded that Broadcom’s proposal dramatically undervalues Qualcomm and comes with significant regulatory uncertainty
Qualcomm's stock took a dive since Apple (25% of their revenue) said they might not need them for their next models. They're probably gonna wait to bounce back.
- bradleyjg 9y agoIsn't there a big lawsuit between Qualcomm and Apple pending?
- nikcub 9y agoThere are many lawsuits and trade dispute filings pending from both sides. Qualcomm is also under anti-competitive practice investigations in a number of places. It's going to take years to sort out and will cost a lot - stock has already tanked 2x what Apple's lost revenue was worth, so the market thinks this is not only more damaging than currently told, but also that they won't recover I can't see them surviving years without being taken over