Susquehanna’s Christopher Rolland in his writing today has asserted that Intel Corporation (NASDAQ:INTC) will most probably outshine Apple Inc. (NASDAQ:AAPL) In making his statement, he referred to Intel’s already rising stock as well as the price target of $45.According to him, they were the new modem products which gave it a greater competitive edge in relation to the wireless chip titan QUALCOMM, Inc. (NASDAQ:QCOM).
Barcelona will next week host the Mobile World Congress show. Christopher Rolland has been quick in referring to the announcement by Intel to launch a new baseband modem, “XMM 7560,”The last year witnessed Qualcomm pay attention to the new threat that Intel is now posing to it. Intel is fast-rising and that was quite evident iPhone 7 launch which happened last year. It goes without saying that Qualcomm needs to watch out considering that the on the way will be a” big bang” since it will comprise of a “CDMA” sort of cellular technology in the making.
Roland wrote, “We believe CDMA support was a gating issue in winning the majority of iPhone 7 sockets as select global carriers requires the standard (including Verizon and Sprint). Additionally, the inclusion of CDMA support may allow Intel to capture modem sockets at other OEMs in 2H17 and beyond.”
In a short while, the world will witness Intel sampling its modem and it will make its flamboyant entry into mass production in 2H17.The U.S. carriers together with Apple are very much concerned when it comes to matters to do with quality and for that reason it is expected the for modems to be subjected to a more elongated qualification period. Anyway, that is meant to ensure that customers get quality guaranteed gadgets which the two believe is a very important and special part in business. This is no different from the other well performing companies worldwide since they also work to build their image and customer confidence in their goods and services as well.
Korea’s Fair Trade Commission commission is not happy with the way Qualcomm has dominated CDMA. Apple earlier on leveled claims against Qualcomm and it has been doing all within its means to find an alternative. Qualcomm on the other hand has been discouraging the various networks from purchasing Apple gadgets with Intel chipsets. Is it for sure that Intel is what the world needs to check out in the next NASDAQ Stock ratings? We just have to wait and see.