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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 174.69

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Dec 24 12:59 PM EST

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To: scratchmyback who wrote (62476)	4/12/2007 7:50:30 AM
From: rkral	Read Replies (3) of 197030

"Nokia stated that the "less than 3 per cent" excludes all royalty income collected by Nokia" I did mis-read that sentence of the press release, but nonetheless see no other plausible explanation for Qualcomm's and Nokia's conflicting statements about the "three-percent." Is either Qualcomm or Nokia lying about the rates (before 2007)? Is either Qualcomm or Nokia making a mathematical error? Is there a meaningless difference -- like a Nokia 2.99% and a Qualcomm 3.01%? Did Nokia under-report WCDMA handset sales when making their royalty payments? What's your explanation?

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