Silicon Investor (SI) -- The First Internet Community

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 : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: rkral who wrote (32161)	2/9/2003 8:47:30 AM
From: Jim Mullens	Respond to of 197809

Ron- Thanks for your comments/ suggestions. >>"Saying QTL royalty revenue would sound better IMHO." Agreed, I noticed that this AM, also. The FY02 quarterly numbers pretty much reflected the annual average of $11.63($12.58, $12.53, $10.90, $11.08). I was originally thinking part of the fall off in the last two quarters of FY02 was due to lower royalty rates for Chinese domestic manufacture and sales. However, I don't believe domestic Chinese manufactures' have entered the CDMA market in a significant degree yet. I also think CFOE is correct in the lag of revenue recognition. The Dec qtr is $3.72 less than the FY02 average. $3.72 times 27 million chipsets equals $100 million potential upward adjustment in QTL EBT for the March quarter ($0.12/share in EBT) Thanks- Jim