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

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: slacker711 who wrote (120178)	1/21/2014 1:22:39 PM
From: Art Bechhoefer	Read Replies (1) of 196549

Smartphone sales ought to be down in the UK and Germany, and in other EU member states as well. They're in a continuing recession brought on by austerity policies that are continuing at present. However, what is happening in the EU does not necessarily affect smartphone demand in Africa, the Middle East, India, China, and Latin America. Of course, if the EU were resuming economic growth instead of continued recession, overall demand for smartphones would increase elsewhere as well. One should not use data from two European states in recession as a proxy for the health of the worldwide smartphone market. Art

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