Chip maker Qualcomm Inc. (NASDAQ: QCOM) posted a new 52-week (and more-than-10-year) high today of $67.00/share. The last time the stock was anywhere near that was early April of 2001.
The company’s shares are up following weekend teardowns of the new iPad from Apple Inc. (NASDAQ: AAPL). The baseband LTE processor for the new iPad. Each chip accounts for $41.50 of the iPad’s cost, and Qualcomm makes every one of them. Another big winner is Samsung, which supplies the main processor
This story at IHS iSuppli gives the cost breakdown of the components of the new iPad.
Qualcomm’s stock is now trading at $66.84, in a new 52-week range of $45.98-$67.00.
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
