Friday, April 20, 2012

Investopedia: Strong Demand And Third Party Supply Issues Trip Up Qualcomm

Investors who have been waiting in the hopes of a chance to pick up Qualcomm (Nasdaq:QCOM) shares a little cheaper have gotten their wish after fiscal second quarter results. Struck between high demand for 28nm chipsets and supplier issues, Qualcomm lowered guidance and the Street punished the shares accordingly. With production problems likely a temporary setback, this may well be a good chance to build a position in a stock that is often expensive.

Continue reading here:
http://stocks.investopedia.com/stock-analysis/2012/Strong-Demand-And-Third-Party-Supply-Issues-Trip-Up-Qualcomm-QCOM-BRCM-TSM-AAPL0420.aspx

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