QCOM). Making matters worse, the company's margins have come under pressure as the average selling price (ASP) of high-end mobile devices have begun to come down due of fear of saturation. While Broadcom is not alone in these concerns, unlike its rivals Broadcom's stock has been unable to find a floor. After a horrid second quarter, which fanned the flames of worry, investors are beginning to wonder can this company ever recover. Even with the prolonged weakness in the sector, which produced uninspiring results from the likes of Intel ( INTC) and Advanced Micro Devices ( AMD), given Broadcom's "upper-tier level" position within the market, expectations for the company were still high. But with revenue growing just 6% year over year, which was below Street estimates, it was clear that management just couldn't live up to the growth demands. AAPL) strong iPhone shipments, I don't believe that Broadcom reaped an equal advantage. To that end, the idea that Broadcom is losing share to Qualcomm is no longer just a rumor.