Mqurice & Clark
Your replies to my concern are similar to comments you have been making for months. The gist of your position is that Qualcomm is producing more and more of superior technology and shouldn't give away its product at unreasonable prices. In a vacuum, your position is sound. Unfortunately, we are not operating in a vacuum.
Clark, you are correct in concluding that I am a victim of ERICY's political propaganda. More importantly, though, it seems that many companies and countries are similar victims. Regardless of how evil and misguided ERICY may be, if it succeeds in convincing companies and countries that QCOM is evil and misguided, then we lose.
For a moment, think only of the politics. Ignore the prospective sales during the next few quarters. Ignore the technological genius of the Q. Think only about the consequences of Europe, China, Korea, Mexico, South America, et al, deciding that they are fed up with Qualcomm and they are going to do business elsewhere.
Your initial impulse may be that countries and companies will eventually focus on the technology that is best for their citizens and customers. My concern is the fact that in the business and political worlds, it is not uncommon to see good products left in the dust because the provider is despised. If Qualcomm maintains a F*ck You attitude, that is exactly what will happen to its shareholders. We will all prosper if Qualcomm finds a way to work with, not against, the world in providing the best communications technology.
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