By TrefisQualcomm (QCOM - Get Report) recently reported earnings, indicating that its royalty rates and chipset prices declined faster than we had expected. We've updated the Trefis price estimate for Qualcomm's stock from $43.53 to $41.64 (vs. market of $39.39) to reflect faster future declines in both royalty rates and chipset prices.
Qualcomm Declines Should Continue
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