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

To: GR8FORM who wrote (196456)	11/5/2025 4:12:02 PM
From: waitwatchwander	2 Recommendations Recommended By Lance Bredvold voop Read Replies (1) \| Respond to of 196772

GAAP earnings is going backwards. It's now at $5, a level last anticipated when the stock was trading in $40 - $80 range and cdma smartphone sales were being anticipated.. So what GAAP item costs us over $7B this time around? Oh, I see it's an alternative minimum tax. Didn't know you folks had those items. They've become very popular of late in all sorts of jurisdictions. So how does such a non cash item apply to today and tomorrow's earnings outlook. Does it mean it's already been paid?