Q! second biggest trading day ever [$$value]. 15.1m shares at about $165 average price = $2.5bn after yesterday's world beating $4.3bn or whatever it was. Brokers will be all over Q! like a rash. MSFT, IBM and Intel combined were $4.3bn today so they are still managing to stay ahead other than the big day yesterday.
Market Caps:
Q! $27bn
IBM $230bn
MSFT $486bn
Intel $282bn
Total $998bn
So Qualcomm has to be a 30 bagger from now to head them off. That should take about 10 years only. Maybe less because The New Paradigm is like a zygote - it grows fast.
It's a bit unfair to compare those PC makers with Q! because Q! also has WK, Qq, Globalstar, owns 3G, Cinecomm and stuff but MSFT has half of WK and Intel/IBM supply Q! the ASICs so they get to ride on Q! coat-tails. So those 3 shouldn't whine that it's an unfair race. I know the PC market compared with the 3G market is tiny, but they could have got into that business if they had the wit.
Go Q! Go.
Jim, looks as though my beginning of year forecast for end of year subscribers is on the money!
Here's my handset sales graph again, which is directly related to the revenue graph and why the share price is zooming. The 51,415,923 [actually, I thought it was 53,141,592] for end of 1999, which seemed high to most at the beginning of the year is now starting to look conservative.
Cumulative total
. = 1 million
1999 figures my estimates to 5 significant figures. This quarter sales are reported by Irwin Jacobs as being very, very good.
Nov1995 Start of service in Hong Kong in December.
Jun1996
Dec1996.
Jun1997...
Dec1997.......
Jun1998............
Dec1998.......................
Jun1999....................................
Dec1999.....................................................
Resetting the scale to . = 10m to make the graph manageable.
Dec1995
Dec1996
Dec1997
Jun1998.
Dec1998..
Jun1999...
Dec1999.....
Will have to start on 2000 forecasts soon.
Jim, you can double Australia. It was two cities that went live, Sydney and Melbourne, not one. Brisbane, Perth, Adelaide and Canberra to start in October. Growth next year should be huge across many markets. Australia will ditch analogue almost overnight. They are actually going to switch it off! That will be a very rapid transition to cdmaOne. I think it's next year it switches over. China will be going too, when Bill and Jiang have a chat at Mount Eden next week. Sort of like the garden of Eden eh! They'll bite the apple.
Mqurice
PS: JGoren, you are going to have to be caned for thread pollution!! Saying OOopps is simply not good enough. If standards can't be maintained the neighborhood will go to the dogs. Not that I've got anything against dogs. Some of my best friends are dogs. |
