Apple Modem Business Seen Slashing from 80% to 20%, EPS Hit
Qualcomm warns Apple modem volumes could plunge from 80% to 20% of its revenue mix by year-end, risking a $1.50 EPS headwind as the giant rolls out its own 5G chips. Berkshire Hathaway's $78B stake in another stock since 2018 has surpassed its Apple allocation, signaling shifting institutional appetite.
1. Qualcomm Downgrade Highlights Apple Modem Risk
Analysts lowered Qualcomm to market-perform, citing rising DRAM and NAND costs squeezing smartphone builds. They forecast Apple modem volumes dropping from 80% to around 20% by year-end as Apple rolls out its own 5G chips, creating an estimated $1.50 EPS licensing headwind.
2. Nextech3D.ai Integrates Apple Pay
Nextech3D.ai expanded its blockchain ticketing platform to accept Apple Pay and Google Pay, bolstering its payment ecosystem ahead of enterprise deployment. This integration aims to streamline mainstream payments and support broader commercial adoption across public-sector and association events.
3. Berkshire Hathaway’s Stake Allocation Shift
Since 2018, Warren Buffett and Greg Abel have deployed $78 billion into another stock, surpassing their total Apple holdings. This dynamic highlights evolving institutional preferences and may reflect changing confidence levels in Apple’s near-term growth prospects.