Dallas, Texas 12/04/2013 (Financialstrend) – QUALCOMM, Inc. (NASDAQ:QCOM) prices trends in the recent weeks has been between a higher range of $72.93 and 73.46. This when compared to its 52-week range- low prices range of $59.02 and high of $73.89, is definitely a positive growth direction. The market capitalization stands at $123.85 billion, while the average trade volume has been 11.72 million. It also has a P/E of 18.75.
QUALCOMM, Inc. (NASDAQ:QCOM) has been a company to reckon given the number of technologies the company works on. From code division multiple access (CDMA), to Orthogonal Frequency Division Multiplexing (OFDMA) and other technologies, Qualcomm has ensured that its products have set the standards in the mobile device space. After it’s entry into the Wireless and internet vertical, things have become interesting for the industry.
With the launch of Toq smartwatch, its flagship product, qualcomm now has a presence in the smart device segment as well. Apple Inc (NASDAQ: AAPL) is currently the best known smart gadget innovator, with Google a quick second. Qualcomm has vast experience in programing Integrated circuits as well as software systems for its various platforms such as CDMA as well as OFDMA. The company has been developing wide spectrum of data as well as voice communication systems.
On the financial front QUALCOMM, Inc. (NASDAQ:QCOM) has an Indian investor- Bharati Airtel Ltd- and is now the Qualcomm India Pvt Ltd, with overseas investor holding nearly 51% of Qualcomm.
In recent times, Qualcomm has been paying out dividends and stands the lowest at 35%, among the trio of technology component companies such as Nvidia and Intel. Nvidia has begun to pay dividend since 2012. Currently, yield percentage by Qualcomm is the lowest at 1.9%, while that of Intel is the highest of the three at 3.8%. Nivdia, since the announcement of its quarterly results in November has recorded 2.2% yield.