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

QCOM 174.01

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3:59 PM EST

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To: golfinvestor who wrote (93419)	7/21/2010 9:56:38 PM
From: slacker711	1 Recommendation Read Replies (3) of 196646

The costs all add up, but I'm sure there is fat to cut to bring up margins. QTL expenses were running around $100 million a quarter in '08. That consisted of around $50 million of "normal" expenses and an extra $50 million in legal fees during the worst of the patent wars. QTL expenses are now around $175 million a quarter during a period of relative patent peace. This goes way beyond extra engineers/attorneys/accountants. Defunct might have hit on part of the costs with respect to the amortization of the acquired patents but even that wouldnt come close to explaining all of the jump. Keitel dodged all of the direct questions and even stated that he would go into more detail in November. Something has changed, the question is whether it is permanent. Slacker

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