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Renews Deal with Apple. Why the Stock is Dropping Anyway.","url":"https://stock-news.laohu8.com/highlight/detail?id=2670492893","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2670492893?lang=en_us&edition=fundamental","pubTime":"2026-09-25 00:10","pubTimestamp":1790266200,"startTime":"0","endTime":"0","summary":") on duration and whether this is something we will once again have to worry about at some point.\"Qualcomm makes cellular modems that go into iPhones. However, Apple has been trying to step away from its reliance on another company for the hardware that goes into its devices. That's better for margins.The tech giant announced the launch of the iPhone 18 Pro, Pro Max, and Duo, earlier this month. All of those devices use a C2 modem built in house by Apple. That's a shift from last year when Apple's iPhone 17 lineup still used Qualcomm modems.Qualcomm investors have been aware of this shift for quite some time now. The stock is still up 13% this year as shareholders have focused on the company entering into new partnerships with other tech giants. Shares rose 3.2% after Qualcomm announced a deal with 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