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

To: sag who wrote (68097)	8/21/2007 6:55:48 PM
From: slacker711	Read Replies (2) \| Respond to of 197452

Yes. QCOM's third Qtr QTL revenues approximate 4% of 88 million devices sold at an ASP of $217.00 or $766 million as reported. There are costs associated with QTL including but not limited to legal expenses. Legal expenses show up as an expense not as contra-revenue. There are some development funds that are contra-revenue but Keitel's comments seem to indicate that these wouldnt be anywhere anywhere near one full percentage point of reduction (Q would need to be spending $190 million a quarter to reduce the rate from 5% to 4%). Slacker