In today’s video I’m watching in fundamentals, financial statistics and recent news for Apple (NASDAQ:AAPL), Skyworks (NASDAQ: SWKS), and Qualcomm (NASDAQ:QCOM). Below I share a few highlights from the video.
On July 14, 2021, reports emerged that Apple is asking its suppliers to ramp up production of iPhones. Investors believe this is excellent news for Skyworks and Qualcomm, as both companies provided components for the iPhone 12. On March 16, 2021, Qualcomm completed its acquisition of Nuvia, a world-class CPU and technology design company. Qualcomm is trying to integrate new processors into a huge list of technology: smartphones, laptops, digital cockpits and more. It is now designing processors for high-performance laptops that are expected to hit the market in the second half of 2022. Apple, Skyworks and Qualcomm all have strong foundations over the next 12 months. All three companies pay a dividend and have reported positive cash flow from operating activities, profitable earnings and strong cash and short-term positions.
*Share prices used were the closing prices on July 14, 2021. The video was published on July 14, 2021.
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