CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Lurgio who wrote (1486)	1/14/1997 11:45:00 PM
From: Rick Kiray	of 1819

To all, From what I understand, Sprint buys their PCS phones from QCOM/Sony for $450 apeice. I've also heard that QCOM/Sony shipped about 400,000 phones last quarter. So each should generate around $90 million in revenue from these sales. That sounds good. But I bougth my phone from Sprint for $199. I have a no monthly fee plan, and only plan to use the phone for emergencies. So my question is, how long can Sprint sell these phones for less than cost? Can QCOM/Sony make money if they have to sell their phones at wholesale for more than the retail price? I admit I don't know much about the cell phone business, but selling for less than cost doesn't make much sense to me. Rick

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next