W3Schools

: Warren Buffett should be buying this smartphone play instead of Apple

Qualcomm has been a tech darling loved by many ever since the dot-com boom of the late 1990s — and rightly so.

The company has made lots of investors wealthy; the stock QCOM, +0.51% was up 354% from the beginning of 2003 through the start of 2017, for example, compared with 157% for the S&P 500 SPX, +0.60%

Qualcomm’s lock on the CDMA technology that powers all our smartphones gives it the power to extract rich royalties from handset providers.

Now, though, judging by the number of lawsuits against Qualcomm, it seems like the company has gone from darling to dog.

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