1. Qualcomm QCOM to report earnings with $2.81 EPS expectations. 2. Tariff impacts and Apple's phase-out of QCOM chips are key concerns. 3. QCOM stock down 11.44% YoY but better than semiconductor benchmarks. 4. Short-term bullish momentum for Qualcomm, but long-term signals cautious. 5. Analysts project over 10% upside for Qualcomm stock post-earnings.
The news surrounding Apple's potential phase-out of Qualcomm's chips could severely impact QCOM's future revenue, which is bearish for AAPL as its reliance on QCOM's technology could lessen its negotiation power. Historical examples show stocks tend to decline when a major supplier's relationship weakens, such as in cases seen with past notable supplier relationships in tech.
The potential phasing out of Qualcomm's modem chips directly affects AAPL's hardware development strategy, making this information highly relevant to investors tracking AAPL's supply chain dynamics.
As Qualcomm's earnings announcement is imminent and tied to immediate market reactions, the impact on AAPL will likely be felt shortly after the earnings release, particularly concerning AAPL's future component supply.