Motorola, L M Ericsson, Nortel, Lucent, Siemens, Alcatel, Nokia used to be behemoths and people used to say that QUALCOMM would be trampled by the sheer size of these companies. Here are some market capitalisations:
Motorola $33bn Ericsson $39bn Siemens $46bn [I think that's the right one] Lucent $20bn Nokia $82bn Nortel $25bn Alcatel $19bn QUALCOMM $42bn
Notice that QUALCOMM is now bigger than all of them except Nokia, which is now only twice the size. [And Siemens which makes trucks or something as well and will soon be smaller anyway].
Here are some more market capitalisations: Intel $188bn IBM $180bn Compaq $24bn Dell $67bn Microsoft $358bn Oracle $100bn Sony $51bn GlobalstarLP $80m
Notice that MSFT/IBM/Intel combined = $726bn
QUALCOMM should exceed that by 2007 as CDMA continues to thrive and provides access to the internet in a much more convenient way than ADSL, fibre and other fixed technologies. BREW will be a very powerful software and so will the software driving the cellphones. Eudora will be the main method of communication [with voice, images, text and money attachments]. There will be a Q! cybercurrency.
There are relatively few people who use the MSFT/IBM/Intel technology but everyone will want CDMA by Q! as well as BREW, Eudora, cybermoney and the rest.
NewGlobalstar will be in that list on merit one day [I suppose about 2006].
That's my theory, Mq
PS: Yes, more possums than people, more sheep than people too. More cows than people and more most things than people. Possum fur is really nice - I haven't tried eating Kiwi Bear yet. |