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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.74-0.1%Nov 3 3:59 PM EST

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To: 100cfm who wrote (145202)9/30/2006 5:16:15 PM
From: Jim Mullens  Read Replies (2) of 152472
 
100cfm, Re: QCOM disappointments and--

“$1.85-$2 a share in 07 would be disappointing also. Most wcdma projections I've seen call for 200M+ units in 07. Add on another 200M+ in cdma sales hopefully then we are in range of a half a billion devices for 07. For Q to earn even at the high range only $2 means ASPs have fallen dramaticly and or R&D expenses has continued to sky rocket. Both not good things for the stock.”

My how some of us have gotten spoiled over the years!!!

Many companies and their investors would die for the numbers the Q has / continues to produce.
Further, driving down 3GSM (WCDMA) ASP’s is a major part of the Q’s mission statement as that drives the uptake of WCDMA and supports the Q’s business model against the NOK6 /(POS) erroneous / hypocritical anti-competitive claims.

Handset Sales
.......................CY05.....CY06....CY07...%05-07...%06-07
CDMA.............166........189........212
WCDMA............59........110........223
Total................225.........299.......434......+92%......+45%

EPS................$1.17.....$1.65....$2.00... +$71%....$+21%
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