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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Kayaker who wrote (107094)10/16/2001 4:34:48 PM
From: Ruffian  Respond to of 152472
 
Intel Quarter Profits Tumble 77 Percent

SANTA CLARA (Reuters) - Intel Corp. on Tuesday reported
third-quarter profit that tumbled 77 percent as it suffered from slowing
economies and weak personal computer sales, and the world's largest
chipmaker forecast that sales in the traditionally strong fourth quarter will
be $6.2 billion to $6.8 billion.

Intel (Nasdaq:INTC - news) said that net income before
acquisition-related costs fell to $655 million, or 10 cents a share, from
$2.89 billion, or 43 cents, a year ago, which included 7 cents a share in
acquisition-related costs. Sales declined 25 percent to $6.5 billion from $8.73 billion.

On that basis, the Santa Clara, California-based company had been forecast to report a per-share profit
of 10 cents a share, within a range of 8 cents to 11 cents, according to the 24 analysts surveyed by
research firm Thomson Financial/First Call. Sales were forecast at $6.38 billion.

Intel, which has been buffeted this year from weak demand and competitive pressure from rival
Advanced Micro Devices Inc., also said that it expects fourth-quarter sales of $6.2 billion to $6.8 billion,
the same range it has given for the past two quarters.

Intel shares rose 58 cents to close at $24.96 on Nasdaq on Tuesday. The stock has declined 20 percent
this year, while the stock price of main rival Advanced Micro Devices Inc. has tumbled 23 percent amid
the worst-ever slump in the semiconductor industry.



To: Kayaker who wrote (107094)10/16/2001 7:40:28 PM
From: Kayaker  Read Replies (1) | Respond to of 152472
 
Does anyone know if the total royalties for WCDMA have been determined yet? If I recall, there was an attempt to cap the rate at 5%. Qualcomm said Thanks, but No Thanks. So is it probably roughly 5% for the other guys plus about 5% for Qualcomm? If the Koreans are negotiating with NTT DoCoMo re switching to WCDMA, surely they must know what the royalty rate would be.



To: Kayaker who wrote (107094)10/17/2001 4:56:48 PM
From: Kayaker  Respond to of 152472
 
The unit [PCS] added 1.2 million net new users in the quarter and is on track to gain another 1.3 million in the fourth quarter, above previous estimates.

marketwatch.com