A good day for a street fight concerning Qualcomm (QCOM, quote)!
High speed LTE chips are also becoming more competitive in the space.
Are smartphones in the 9th innings of a massive growth phase, and possibly even begin to contract next year?
The other side of this street fight is that the smartphone will be even smarter every year. What we know of today as the iPhone or the Galaxy will evolve even more and put these players probably in the middle of their next iteration — as software companies.