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Re: flumoxed2012 post# 128582

Friday, 01/24/2014 9:59:14 AM

Friday, January 24, 2014 9:59:14 AM

Post# of 151836

like "Intel's Time is Running Out" or "QCOM inherits Intel's throne" (which I see may have been deleted by SA..I can't find it now)



http://www.fool.com/investing/general/2014/01/23/qualcomm-takes-intels-throne.aspx

Qualcomm now the big dog
Thanks to Qualcomm's pristine balance sheet with roughly $30 billion in net cash, very reliable free cash flow, and a solid multi-year path for growth, it has now become the world's most valuable semiconductor company, even with a revenue base that's just half of Intel's. How long will this pecking order remain?

That depends on how much traction Intel is able to gain in mobile, and how well Qualcomm is able to defend its chip share/ASPs. Ultimately, though, Qualcomm's patent stream is likely to support the company well enough to always command a premium multiple to Intel, meaning that if Intel is to push on ahead, it will need to do so with significant EPS growth.

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