Will Communications Equipment Companies QUALCOMM, Inc.(NASDAQ:QCOM), Polycom Inc(NASDAQ:PLCM), and Sonus Networks, Inc.(NASDAQ:SONS) See Their Fortunes Improve?
New York, NY – GDP INSIDER – 10/14/2014.
This article discusses three communications equipment companies: QUALCOMM, Inc.(NASDAQ:QCOM), Polycom Inc(NASDAQ:PLCM), and Sonus Networks, Inc.(NASDAQ:SONS)
QUALCOMM, Inc.(NASDAQ:QCOM) is a California-based communication equipment company that designs, develops, and markets digital communication products. Recently, the company’s senior vice president, Kanwalinder Singh, defended the company’s intention to develop special chips for automakers. The company may be moving towards placing more of its interests in the automotive business than in the smartphone business. The company has traded within a range of $66.25 to $81.98 over the past 52 weeks.
Another California-based communication equipment company, Polycom Inc(NASDAQ:PLCM), will be announcing its third quarter financial results on Oct. 22nd, 2014. The figures will be announcing after the markets are closed on that date and will be accompanied by a conference call hosted by the President and CEO of the company, Peter Leav. The company had a closing price of $10.62 yesterday,a figure which is $0.33 above its 52 week low of $10.29.
Sonus Networks, Inc.(NASDAQ:SONS) currently has a bid price of $2.92 x 100 and an offer price of $3.39 x 2,000. The Massachusetts-based communication equipment company, which provides networked solutions for communications service providers and enterprises, announced improvements to its Session Border Controller (SBC) portfolio yesterday. The changes will reduce costs, help service providers and enterprises to deploy Unified Communications (SC) features, and simplify network design. The company traded within a range of $2.87 to $2.98 during the day.
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