Qualcomm (QCOM) – Apple (AAPL) has begun building its own cellular modem to be used in future devices, according to a Bloomberg report quoting Apple senior VP of hardware technologies Johny Srouji. Such a move would replace components currently made by Qualcomm. Qualcomm shares fell 3.8% in the premarket.
Currently down almost 4%.
Qualcomm Inc (QCOM:NASDAQ)
[Export chart] + WATCHLIST
Real Time Quote | Last NASDAQ LS, VOL From CTA | USD
Last | 9:37:40 AM EST Volume 52 week range
149.625 -6.12 (-3.93%) Apple is apparently going to grab some of their market. I hope Apple sticks it to them good!
All these fricken stocks have a long way to fall though...thousands and thousands of points!
