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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 174.770.0%9:30 AM EST

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To: Jacob Snyder who wrote (90962)4/21/2010 9:36:58 PM
From: slacker7117 Recommendations  Read Replies (2) of 197027
 
If QCOM had Buffett's "deep moat", with profits protected by all those patents and proprietary technology, then EPS should be going up as fast as revenues are.

I think that Buffett's deep moat also requires a management team to not piss away the profits from the businesses. The GAAP earnings include the QSI division which is now throwing away shareholders money at the rate of $136 million a quarter.

FLO had total revenues of $2 million last quarter (revenues are reduced by the free months) and losses increased by $50 million.

Slacker
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