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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen7/22/2016 9:22:02 AM
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Intel and Qualcomm Are Prepping for a Looming iPhone Chip Battle

Like two boxers circling the ring waiting for the opening bell, the leaders of two of the biggest computer chip makers, Intel and Qualcomm, tried to avoid contact as they separately spoke to Wall Street on Wednesday night.

The “opening bell” on the match between the two giants that didn’t used to compete much will be when Apple AAPL -0.95% announces its new line of iPhones for 2016. Likely to arrive in the fall and dubbed the iPhone 7 by analysts and fans, the new phone isn’t expected to differ too much on the outside from the current top-of-the-line iPhone 6S.

But inside, there will be numerous changes, including possibly with the supplier of the all-important modem chip connecting the phone to different wireless networks around the world.

fortune.com

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