NEW YORK ( TheStreet) -- Without question, the pursuit for mobile device supremacy is the hottest battle on the market today. As rivals such as Apple (AAPL - Get Report) and Google (GOOG - Get Report) fight to put each other out of business, there are also chip companies such as Qualcomm (QCOM - Get Report) looking to dominate form factors with each device launch.However, with each passing quarter, it's evident that Qualcomm is winning its "internal" battles by a greater margin over Intel (INTC - Get Report), than say, Samsung is outgaining Apple in units sold. This means that so long as the mobile devices race continues, Qualcomm is the surest bet in this unreliable sector. And if Q1 earnings were any indication, this chip giant is not done rewarding investors.
By contrast, Texas Instruments (TXN - Get Report) just posted revenue of $2.98 billion -- down 12% sequentially and down 13% year-over-year. Worse, this marked the fifth consecutive quarter of declining revenue. And the company is not expecting much sequential improvement as it issued revenue guidance that represents 6% decline. This means that Texas Instruments expects to continue to lose market share not only from Qualcomm, but also Intel, which seems to be on a verge of a comeback after posing Q4 revenue of $13.477 billion that just barely missed estimates by less than 1%. Considering Intel's recent seemingly dysfunctional operation, this qualified as a win.