In this Dissertation thesis the spectral theory of Schrödinger operators modeling quasicrystals in dimension one ist investigated. We allow for a large class of measures as potentials covering also point interactions. The main results can be stated as follows: If the potential can be very well approximated by periodic potentials, then the correspondig Schrödinger operator does not have any eigenvalues. If the potential is aperiodic and satisfies a certain finite local complexity condition, the absolutely continuous spectrum is absent. We also prove Cantor spectra of zero Lebesgue measure for a large class of (a randomized version of) the operator.