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Stock impact report

How Are Qualcomm And Other Apple Suppliers Faring This Year? [Forbes]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Forbes
Shougang Park on September 2, 2023 in Beijing, China. (Photo by VCG/VCG via Getty Images) Our Theme of , which includes a diverse set of companies that supply components for Apple's devices, has remained roughly flat year to date in 2024, underperforming the S&P 500 which remains up by 9% and compared to (NASDAQ : AAPL), which has declined 2%. Within our theme, , a company known for making modem chips and applications processors, has been the strongest performer, rising by almost 30% year-to-date. On the other side, - which supplies radio components for the iPhone - has been one of the weaker performers with its stock down by 16% year-to-date. QCOM stock has witnessed gains of 20% from levels of $150 in early January 2021 to around $180 now, vs. an increase of about 40% for the S&P 500 over this roughly 3-year period. However, the increase in QCOM stock has been far from consistent. Returns for the stock were 20% in 2021, -40% in 2022, and 32% in 2023. In comparison, returns for t Show less Read more
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