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

To: slacker711 who wrote (59092)	1/25/2007 9:46:07 PM
From: Jim Mullens	Read Replies (1) \| Respond to of 197626

Slacker, Re: Q1FY07 QTL Royalty shortfall, and “I'm having trouble understanding where you came up with your numbers?” Me Too!!! My heads been swimming all day with the NOK lic ext option speculation and I *think JGoren has now ironed out most of the wrinkles but thanks to all for contributing (Especially Harvey for sending us around the barn again for several laps) . I’m using the relationship of QTL Rev $ / Handset Sales Rev $ ( H/S units X ASP) Per my calc, that was averaging 4.9% prior to Q4 which was 4.5% due to some “contra revenue” stuff I took as an aberration. My QTC delta was way off and now closer to yours (thanks), and for the life of me I can’t decipher from my scribbles how I came up with most of my other numbers (thanks to Harvey again!!). I Agree, “, I dont think we are going to be able to split up the source of the royalty loss with any preciseness.” Thank goodness the columns appear to line up, my wacked out brain is about dead (thanks to Harvey, again). Q1FY07 .. Handset sales ....+ base $15.960B ....+ Pantec adj .288 ....+ Adj tot $16.248B $16,248B .. QTL Rev $ .600 ....+ Pantec adj .014 ....+ Adj tot $ .614 $ .796B ..%QTL$ / H/S Sales$ 3.8% 4.9% Shortfall $ .196B (796 -600) QCT Royalty Prior new QCT ..QTL rev $600M $545m $ 55M ..QTL exp 60 60 ..QTL ebt 540 485 ..QTL mgn 90% 89% QTL revenue reported $600M .Shortfall 196M ..Detail>>> ...1. Pantec 14 ...2. QCT adj 55 ...3. ERIC- lower rate 65 ...4. Other mix- lower rate 16 ...5. 3rd Party rights acquired?? .......assume royalty rebate to xx.......} 46M split between #5 & #6 .........existing licensee(s) ...6 Market Development xx.......} .......Royalty rebate to h/s mft ........for seeding market (India)?