Engineer, Re: NOK and “After 15 years, they can barely make a working CDMA chip? come on. How stupid are they there?”
Perhaps you’re being a little too rough on the NOK engineers. After all, they are really trying and perhaps they’re “giving it all they got” according to their R&D expenses vs the Q’s.
NOK R&D- 2004-.......$5.093 Bill
QCOM R&D- 2004-.....$0.720 Bill
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Income Statement
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All numbers in thousands
PERIOD ENDING 31-Dec-04 31-Dec-03 31-Dec-02
Total Revenue 39,931,895 36,986,644 31,465,773
Cost of Revenue 24,740,665 21,644,501 19,160,827
Gross Profit 15,191,230 15,342,143 12,304,945
Operating Expenses
R & Development 5,093,305 4,721,432 3,199,412
SG & Adminative 4,059,090 4,249,289 3,395,444
Non Recurring - (283,788) 374,243
Others 130,982 50,228 23,063
Total Oper Exp - 8,737,161 6,992,161
Oper Inc/loss 5,907,852 6,604,982 5,312,784
QCOM-
Income Statement
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All numbers in thousands
PERIOD ENDING 26-Sep-04 28-Sep-03 29-Sep-02
Total Revenue 4,880,000 3,970,636 3,039,560
Cost of Revenue 1,484,000 1,430,047 1,137,360
Gross Profit 3,396,000 2,540,589 1,902,200
Operating Expenses
R & Development 720,000 523,267 451,678
SG & Admin 542,000 534,915 517,599
Non Recurring - 163,583 459
Others 5,000 8,589 259,196
Total Oper Exp - 1,230,354 1,228,932
OperIncome/Loss 2,129,000 1,310,235 673,268