The social media giant has begun showing search ads to some North American users. It's not hard to see the long-term revenue potential -- even if Google shouldn't be too worried.
Apple, Microsoft, Google, Amazon, Alibaba and Tesla are all known to have custom chip projects. Look for additional firms to announce them in the coming years.
The ban, which is related to Apple's alleged infringement of two Qualcomm software patents, only affects a small percentage of Apple's global revenue. But its timing speaks volumes.
As Apple reportedly develops its own processor for Macs, Qualcomm is making impressive performance and battery life claims for a new chip meant for Windows notebooks.