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 Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: slacker711 who wrote (143972)	7/25/2006 10:45:49 PM
From: Jim Mullens	Respond to of 152472

Slacker, Re: TXN CC (trash talking CDMA) / Total Addressable Market (TAM) Discussion, and >> ” Qualcomm's sales are a subset of the total wireless market. Those two billion GSM customers upgrading to WCDMA are counted within the ongoing total wireless market (which also includes churn and upgrades)....it works substantially better as a way to get a handle on how much growth Qualcomm has left, but of course you are welcome to use whatever metrics you like” I think you /we’re now just talking around in circles. LOL,” Those two billion GSM customers upgrading to WCDMA.....” are exactly what I’ve been talking about......>>>”Therefore, all the current mobile wireless 2.5+ billion subs (?) plus new adds will become potential users of 3G devices over the next five plus year’s and thus represent Qualcomm’s TAM” . Re: “I know you wish that Qualcomm was in the first inning of their growth curve, but I just dont think it is true” LOL, how could Qualcomm after 20 years still be “in the first inning of their growth curve”? I believe its taken 8 years for CDMA to gain 300M subs, with CDMA handset sales forecast this year @ 190M. WCDMA handset sales are already estimated at 100 M this year and will no doubt exceed CDMA sales next year. Working from the entrenched GSM sub base (2.5B+), it will be a lot easier to create the next “few innings” of multiple Qualcomm revenue streams than it was working from scratch developing green field CDMA operations. After all, we’ve got the GSMA crowd doing a lot of the heavy lifting for us now (despite the current FUD attacks that will eventually become DUDs when the dust settles).