mainstream US press used to be more fawning towards Qualcomm
I don't know about this. There are always anecdotes one can cite as evidence, but then there are contrary examples as well. Wired Mag had a big cover story on NOK last summer. Most people who watch CNBC or read the paper have been told many times that Europe is ahead of the US in wireless....One thing to keep in mind: these journalists who are not in the trade may not have a good knowledge of what they are writing about--therefore the outcome may differ depending on whether they speak to Snider or Pie-check.
The company plans to add the world's most popular wireless technology, GSM, or Global System for Mobile Communications, with its own standard on a new "dual mode" chip
I'm sorry, but this sounds like the latest new way for QCOM to develop a dud. Perhaps it will be of use to Verizon, but to a carrier contemplating a new network rollout, a GSM/CDMA dual-mode begs the question: why the hell do we need CDMA? That is the thought Unicom may have.
Qualcomm has trimmed itself to its fighting weight by selling...
Thank God DDI gave QCOM a chill pill on the Japanese carrier scheme...otherwise QCOM might be outside "fighting weight" range again.
still closer to that of Apple's Macintosh computer than to the Windows-Intel
That is why I say QCOM is a Chimp not a Gorilla. Worse yet: It's a Chimp trying to battle with Kings and Princes in the chilly Northern European climes. Not exactly jungle weather.
is considered a bellwether for both the wireless industry and the Nasdaq Stock Market
I think QCOM has always marched to its own drum beat as a stock. And NOK is the wireless bellwether; not QCOM.
"The fundamentals haven't changed from when the stock was at $150 in February," said Qualcomm president Richard Sulpizio.
Hah! Stock was at 152.75 on April 7. Perhaps Sulpizio would have noticed if his name wasn't Rich.
"Subscriber growth in Korea is going to flatten," said Snyder..., "When Korea flattens out, that's going to impact Qualcomm's earnings. They're going to have to guide down numbers."
"The removal of phone subsidies in Korea is not likely to affect the current quarter and in the past has not had a lasting or dramatic impact on Qualcomm's (chip) business," PaineWebber equity analyst Walter Piecyk wrote in a research report two weeks ago, in which he reiterated his $250 price target for the stock.
If those yoyos on Crossfire ever want to retire, they can hire Snider and Pie-check to take their place!
"Let's say China does not use CDMA. Then Qualcomm is left with 10 percent of the global market, and that to me is not a valid market," Gillot said.
That says it all! What will QCOM do to get China???? |
