Hits from Verizon Wireless and the European Commission are unlikely to break Qualcomm any time soonA double dose of pretty bad news in one day can be hard to weather, but few companies have as many bases covered as Qualcomm.
The first slap on Nov. 29 was the European Commission's decision to recommend that its 27 member states adopt a mobile TV technology that competes with Qualcomm's (QCOM) MediaFLO platform. That same day, Verizon Wireless—a cornerstone customer of Qualcomm's core wireless technology—announced it would build its next-generation mobile network using a European-led technology called Long Term Evolution (LTE) rather than the standard being peddled by Qualcomm.
Anticipated Complications
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