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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: SKIP PAUL who wrote (27397)4/18/1999 10:13:00 PM
From: LLCF  Read Replies (1) | Respond to of 152472
 



To: SKIP PAUL who wrote (27397)4/19/1999 3:58:00 AM
From: Anthony  Read Replies (2) | Respond to of 152472
 
Dave, taking the number of CDMA Devices from SKIP here is my profit model for the Q.
With 3% royalty rate on non-Qcom asics:
.03*(286M *200(average whole sale price of phone)))= 1.716B
With Qcom asics assume 30% of CDMA phone contains Q asics:
0.3*286M*= 86M
Now with selling price around $20 with 30% net profit margin:
86M * 20 * .30 = 516M

Total Profit = 1.716B + 516M = $2.232B
This is without any upside potential on all the new RF chips that the Q will be rolling out in this year and coming years.
Now with this profit by year 2003 any take where Qcom stock will be trading by then?????????