Qualcomm’s Fiscal 4Q Results Not Bad; Light Fiscal 1Q Guidance
publication date: Nov 7, 2013
Though Qualcomm’s near-term outlook will disappoint some investors, the firm’s licensing model continues to generate elevated margins and strong returns on capital. Qualcomm's financial strength remains top notch, and shares trade at less than 10 times 2014 earnings, excluding net cash.
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