Hagfish Blue Light Special - only 72c a megabyte for King Ericy, who some seem to think isn't wearing any clothes. Their VW-40 [aka W-CDMA], which they invented back in 1880, seems to be having trouble compared with cdma2000.
Share price graph: siliconinvestor.com
cdma2000 graph 3gtoday.com
The GSM Guild is in pandemonium. Come to think of it, so is the CDMA gang in the service provider and infrastructure supplier divisions [though we hear no whining from Koreans for some reason - something to do with a lot of won they have won].
The string of pearls acquisition strategy of Lars Ramqvist is in tatters. Irwin Jacobs was right that VW-40 wouldn't be ready before 2004 despite the bleating of the GSM Guild. Nokia is gradually admitting that all isn't totally right in that sphere - I think it's something to do with convoluted unsynchronized signals bumping into each other in the wrong place.
Market Capitalisation:
QUALCOMM $20 billion
Motorola $24 billion
L M Ericsson $6 billion
Lucent $5 billion
Nortel $3 billion
Nokia $52 billion
Sprint $3 billion
Sun $12 billion
Oracle $51 billion
Worldcom $oh dear
Yahoo! $7 billion
Amazon $5 billion
AOL Time Warner $48 billion
JDS Uniphase $3 billion
Global Crossing $Ooops
Texas Instruments $38 billion
and the biggies:
Cisco $86 billion
IBM $113 billion
Intel $119 billion
Microsoft $245 billion
So, QUALCOMM is now up among the biggest of the telecosmic, information and cyberspace industry though the biggies in the fixed cyberspace crowd are still predominant by a longgggg way.
As the wireless web develops and cdma2000 proliferates 3gtoday.com it won't be long before QUALCOMM is ahead. Everyone wants to talk to their friends, family, business associates and keep an eye on the world while they are wherever they happen to be [cdma2000]. They want to know where the heck they are, wherever they happen to be [gpsOne]. They want tools at hand to enable them to manage the information they want [BREW].
Everyone = 6 billion people, of whom a few billion can afford cdma2000 services.
Not many people are happy to sit stuck at the end of a wire with the IBM/MSFT/Intel system.
Remember when QUALCOMM was just a little fellow? People said that the monster companies like Motorola and Ericsson would stomp them. Well, they aren't doing any stomping and judging by growth rates, Nokia is going to be smaller than QUALCOMM soon enough - they enjoyed a good GSM market share but check out their CDMA market share and look how many competitors are in the CDMA business with Samsung leading the charge. Kyocera and others are doing well too.
Compare the growth rate in cdma2000 and with the growth rate in 20th century Wintel and co. QUALCOMM has got the goods and is coming fast with BREW and other stuff just getting going. The competition is almost won already. Microsoft sees it coming and is trying to get .Net and the Tablet positioned to rule the world. WirelessKnowledge fizzled so they couldn't get in there. There seem to be a few glitches and it isn't as easy to dominate the wireless world as they succeeded in doing in the PC world.
So, let the games begin.
QUALCOMM has some stuff in their box of tricks: Message 17178169 One of the first things out of the box will be RadioOne and gpsOne. That'll make devices very attractive and much cheaper and more efficient etc. Let's see what IBM, Microsoft and Intel have in their boxes of tricks.
Mqurice
PS: Uncle Frank, if you think your shoes are hurting, you are in good company - poor Ericy is being strangled by their string of pearls and eaten alive by Samsung and swarms of CDMA piranha. Ericy debt turned to junk: siliconinvestor.com QUALCOMM doesn't bother with debt - just uses their big stack of cash. |
