<Shares Outstanding (000) 788,895,000 Shares Outstanding Date 01/20/2003 Balance Sheet Shares Outstanding (000) 809,329,000 >
qualcomm.com
John, what's 20 million shares among friends? That's only 800 million hours of work for the median human = Q800 million = US$800,000,000
That's only about US$1 per share. Heck, that's just the annual dividend being discussed [even if it's only me talking to myself and I in cyberspace]. Pro forma profits aren't far short of that. No, hang on, the GAAP profits are getting close to that.
<Annual Operating Revenue (000) $3,039,560,000 Oper. profit before Dep. & Amort. (000) $932,464,000 Pre-tax Income (000) $461,125,000 Total Net Income (000) $359,677,000 Fiscal EPS - Basic from Total Operations $0.47 Fiscal EPS - Diluted from Total Operations $0.40 >
I don't know what (000) means.
Okay, admittedly 20 million shares on the books [which apparently don't belong to me] is not far off the money coming in each year [this year anyway after a few years of problematic investments]. So it's not as though I have a bunch of slaves working for me, although some people think we wicked capitalists are some kind of slave-driving criminals.
Maybe NEXT year, there'll be jam for shareholders after a decade of no returns, other than some capital gains, which are only paper gains, which can vanish like snow in spring.
Mqurice
PS: After making Jay drool in my previous post, he'll now be wetting his pants and checking his gold bars. |