Qualcomm has a tough week but great results

In late June this year, Qualcomm reported a record quarter, with overall revenue of $5.6 billion, Net income of $1.2 billion, and shipments of 220 million devices. While some of Qualcomm’s competitors in the semiconductor sector are growing at a faster rate than the reported 4 percent growth from the prior year, Qualcomm remains committed to inventing the future, developing great SoCs, and pursuing market leadership, or that’s the vision anyway.    In late October 2016, Qualcomm announced its intention to acquire tired old passed-down and -over NXP with its huge workforce (1.5× that of QCOM’s) and an aging fab