Falling revenue in China and elsewhere, profit declining, patents expiring.
1 reply
Now back 100$ish again. The volatility increased. Maybe buyback saved the a$ again.
The lower stock of NXP, the higher cost for QCOM. Possibilities:
-
After deal is closed, QCOM will ask NXP team to compensate the diff. This would result huge opex cost on NXP side as well.
-
the lower NXP stock the more expensive for QCOM because of difference. This increases the risk that QCOM breaks the deal which will have devastating stock breakdown on both.
That's why NXP stock should dance around 100-110$ until end of July. Further facts :
-
Top investors of both companies are same.
-
High correlation between Q and N stocks
-
high correlation betw AAPL and both (makes sense because A uses chips from both)
Unbelievable how stock market can be controlled so artificially. Enjoy capitalism :-)