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News Focus
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pochemunyet

04/28/11 3:14 PM

#318068 RE: glennymo #318066

"Of course, the very best way to make money on smartphones is to buy shares of communications IP powerhouse InterDigital (Nasdaq: IDCC ) …

… or so says Barclays Capital.

Yesterday, Barclays initiated coverage of InterDigital, calling the company "well positioned to capitalize on mass market adoption of 3G devices as well as … 4G through the licensing of its standards-based IP portfolio." InterDigital promptly did its best to prove Barclays right, reporting earnings a few hours after the upgrade, beating analyst revenue projections and beating modestly on earnings."
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Gungrey

04/28/11 3:20 PM

#318070 RE: glennymo #318066

Thanks Glenn! I had not seen this.