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

To: ihavenoidea who wrote (78471)7/14/2008 10:27:04 AM
From: slacker711  Read Replies (1) | Respond to of 197243
 
Those numbers are much higher than either the market or the analysts have been expecting. I've been trying to find a direct quote from a Telecom official confirming the 100 million target in '09 but no luck so far. An extra 50 million CDMA units into China would be absolutely huge for Q.

Slacker



To: ihavenoidea who wrote (78471)7/14/2008 10:49:50 AM
From: ggamer  Read Replies (1) | Respond to of 197243
 
<Furthermore, it [China Telecom] set a target to expand the number of its CDMA subscribers to 100 million in 2009,...

this should provide an incremental increase in royalties relating to cdma in china not presently in analysts projections for 2009.i.>

Isn't this just a shift from China Unicom to China Telecom. As sales go up in Telecom, Unicom sales goes down?


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