QUALCOMM CHEAP PHONE WARNING OMINOUS FOR APPLE, BLACKBERRY, NOKIA $QCOM $AAPL $BBRY $NOK $GOOG
On Wednesday after the markets closed, Qualcomm QCOM reported earnings. Buried in Qualcomm’s results is bad news for Apple AAPL, BlackBerry and Nokia . Qualcomm owns intellectual property related to code division multiple access (CDMA). This technology is behind many of today’s wireless networks. Qualcomm also provides chip sets for mobile devices. Since Qualcomm licenses the technology