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

QCOM 151.59

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Jan 30 9:30 AM EST

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To: Art Bechhoefer who wrote (67846)	8/17/2007 2:59:04 PM
From: Eric L	Read Replies (2) of 197444

Feet Dragging? Art, << Nokia's loss of market share, it can be argued, was due to its own decision to abandon the CDMA market and Nokia has been dragging its feet on WCDMA handsets, partly through trying to make GSM/EDGE more attractive for U.S. customers, is there any wonder why their market share has dropped? >> No question that Nokia's deemphasis on CDMA and change in their CDMA business model has been a factor in Nokia's loss of US market share, since CDMA is the dominant US access technology but so has the forex conversion rate and the incredibly weak US dollar winch translates to 75 Euro cents when it hits Nokia's books. BUT ... How do you reconcile Nokia'a global market share climbing to all-time record levels, their handset operating margins reaching their highest levels in over 3 years at 2x their closest competitor, their overall handset profitability reaching record levels, and Nokia continuing to be the global leader in UMTS (WCDMA) handset sales with their WCDMA handset share close to their overall record global share? Best, - Eric -

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