Intel Corp (INTC)

[ibc]

The Android is already outselling the iPhone by a mile.

Yes, but the only profitable handset maker there is Samsung. Samsung is vertical. They have their own apps processor with Exynos and they're most likely designing their own CPU microarchitecture as they hired a bunch of veteran architects from AMD and Freescale for their Austin CPU design center - most notably, the chief architect of Bobcat.

If you are just an SOC vendor and your customers are unprofitable, you're going to have a problem in the long term.

TI sees this and gave up.

2/3rds of Qualcomm's profit comes from QTL which is patent licencing. The other 1/3 is from QCT where the majority of that is from modem silicon (Branded as Gobi and used in iPhones among others). Snapdragon makes money, but it's a smaller piece of Qualcomm's earnings than you might think.

Nvdia has never been cash-flow positive in their Tegra business.

Intel is fighting for a shrinking piece of the pie as Apple and Samsung dominate the space.

Of course, things could change as phones start to become the primary computing device for people.