Why Qualcomm's latest diversification plans aren't enough to help its stock
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Qualcomm is diversifying its business in anticipation of reduced reliance on Apple, but an analyst believes its PC market goals are overly ambitious.
November 20, 2024 | 6:30 pm
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Qualcomm is attempting to diversify its business to reduce reliance on Apple, but an analyst views its PC market ambitions as too aggressive.
The news highlights Qualcomm's efforts to diversify away from Apple, which is a significant part of its business. However, the skepticism from an analyst regarding its PC market goals suggests potential challenges ahead, likely impacting investor sentiment negatively.
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