|By PR Newswire||
|February 12, 2013 08:02 AM EST||
LONDON, February 12, 2013 /PRNewswire/ --
The smartphone market has exhibited significant growth in the last two years and given a 42% year-over-year growth rate till date. 2012 final figures will surely show robust performance. Regardless of some macroeconomic uncertainties and volatilities, consumer inclination towards smartphone remains optimistic. At the same time, tablet growth is showing some serious growth prospects. It is estimated that tablets grew by over 250% in 2011, and will continue its exponential growth for the next few years to hit 370 million unit sales by 2016. StockCall professionals have completed their technical analysis on QUALCOMM Inc. (NASDAQ:QCOM)and Arris Group Inc. (NASDAQ: ARRS); and these free reports are accessible by registering at
The Chinese Blessing
Emerging markets, such as China, are exhibiting a huge growth in demand for 3G smartphones. China is expected to increase its global smartphone market share by 26.5% in 2012, leaping ahead of the U.S. that is at 18% roughly. With more than a billion mobile users in China shifting from 2G to 3G, Chinese market brings a huge opportunity to increase its global market share for QUALCOMM Inc. It also presents an opportunity for other players, including Qualcomm, to not only to benefit from its chipset sales growth but also earn a stable revenue stream from license. Sign up for the free technical research on QUALCOMM Inc. at
QUALCOMM Latest Round of Earnings
Qualcomm reported a very strong set of results for Q1 FY2012, recording robust growth of close to 30% in revenues and 35% in EBITDA over last year same quarter. Both chipset sales and licensing sales had a healthy quarter as demand for 3G/4G products proved very strong globally. Qualcomm's Snapdragons featured at the high-end of the smartphone market. A strong last quarter as well as an improved outlook for 2013 saw the stock rise more than 6% in recent times. The current stock price is trading at $67.18 very close to its 52 week high of $68.87.
Arris Group Inc. Earnings Snapshot
Arris Group Inc.'s current stock price is trading at $16.50 close to its 52-week high of $16.93. Net income in the fourth quarter of 2012 was $14.8 million, or 13 cents per share, relative to a net loss of $59.6 million, or 51 cents per share, seen in the previous year's quarter. Quarterly total revenue was $344 million, up 22.4% year-over-year. In addition, quarterly revenue was $272.7 million, up 28.7%, year-over-year in the Broadband Communications Systems Segment. The outlook remains extremely bullish on the stock based on a highly positive industry outlook and the opportunity presented by the huge Chinese market. Be sure to read our latest technical research on Arris Group Inc. by registering at
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