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Apple Slashes Qualcomm Modem Share to Accelerate In-House Chip Transition

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Qualcomm faces stock pressure as Apple accelerates the phase-out of its modem chips in upcoming iPhones.
  • While Qualcomm relies on automotive and IoT growth to replace lost Apple revenue by 2027, Apple advances its internal component integration to enhance product control and hardware margins.
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AAPL price history

333.08 +20.59% over the displayed period

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