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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.67+1.6%3:59 PM EST

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To: Eric L who wrote (125708)11/27/2002 12:44:21 PM
From: cfoe  Read Replies (1) of 152472
 
Handset sales = net sub adds + conversions (analog to CDMA) + replacement - churn out.



I do not understand how "- churn out" reduced handset sales. "Churn out" has already bought their handset and yes won't buy another. But neither does someone who does not upgrade. What am I missing?
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