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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.67+1.6%Nov 12 3:59 PM EST

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To: DaveMG who wrote (27393)4/18/1999 8:29:00 PM
From: SKIP PAUL  Read Replies (2) of 152472
 
stat.go.jp

The world population for developed and developing country populations came from the above link (courtesy Anthony).

Developed regions 1.187 Bln.X 20%=237 Mln CDMA Devices
Less developed regions 4.904 Bln.X 1%= 49 Mln CDMA devices
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Total 286 Mln. CDMA devices

Each Dollar of profit(from Royalty, asics, Handset sales) on each CDMA device (which includes handsets, PDA's, Laptops etc) would yield 286 million in profits. That yields approx $3.80/share for 75 million shares.

The penetration levels by 2004 will probably be much higher. The profit per device will probably be between $5 and $100.
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