In the following video, Motley Fool tech and telecom analyst Andrew Tonner discusses rumors that Apple (NASDAQ:AAPL) will use the Qualcomm (NASDAQ:QCOM) 28 nanometer Snapdragon SoC design for its low-cost iPhone. Andrew tells us why the implications could be huge for Qualcomm, and what the potential competitive threats are in this space.

Andrew Tonner owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple and Qualcomm. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.