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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 168.09+1.8%Nov 28 9:30 AM EST
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To: abcs who wrote (196462)11/6/2025 11:07:28 AM
From: waitwatchwander2 Recommendations

Recommended By
Jon Koplik
Prophet of Profits

   of 196775
 
So the write-off was from money previously out the door (via acquisition costs) and the value of the tax loses gained is no longer as high as previously anticipated because future corporate tax rates will be lower due to Trump's tax bill.

It's like getting a break they didn't really need. Sound familiar.

ps It affects book value (ie balance sheet assets/retain earnings) but not much else and as Art is always telling us the balance sheet asset number is not reflective of the company's real value anyway.
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