Why would AAPL going down be negative for QCOM? If anything, I would say it’s positive for QCOM. If AAPL goes down, that mean WP7 and Android will capture those market share. Currently, WP7 is exclusive QCOM’s chip (both app processor and modem). So, if either of those 2 platforms get more market share from iOS, it would mean more profit for QCOM.