Art,
I did not mean to infer "that Ericsson may have purchased the infrastructure business in order to make sure CDMA would die on the vine, so to speak, thereby preserving the GSM system".
CDMA certainly won't die on the vine, IMO, but on the other hand neither will GSM (also IMO) as the world evolves to 3G, of which CDMA is an essential component.
I do think that the first part of the quote attributed to Tero potentially has some validity, "Losing the network business entirely weakens Qualcomm's ability to influence third generation digital standard development", although the word "entirely" is a bit strong.
As for the second part of the statement, "probably affects the long term success of the handset division", time will tell, but I suspect the division will be VERY successful.
As for Nokia, sold the majority of my 20 month position in NOK.A on 1/5 to fund a QCOM position, but kept my original investment in play.
- Eric - |
