Qualcomm - Titanic of the wireless industry? Message Board

To: henry8 who wrote (6)	7/31/2009 4:15:45 PM
From: henry8	Read Replies (1) of 116

Here are the CDMA subscriber additions for the past 5 years (in millions): 3/08 - 3/09: 29.170 3/07 - 3/08: 64.200 3/06 - 3/07: 68.740 3/05 - 3/06: 61.760 3/04 - 3/05: 54.550 As people can see, this past year's subscriber additions are disturbingly low. Why? Partly because CDMA is shut out of europe. But there has to be more to it than that. It's because the North American market has become saturated and so growth has to come from foreign markets such as China and India where companies like Ericsson and Nokia have much greater influence. So we can see this past years slow growth will probably not be an aberration but will mark the beginning of a new trend of slow or zero growth. Qualcomm is now heavily dependent on 2 companies to fuel CDMA growth -- Ericsson and Nokia. Clearly, this spells big trouble for CDMA and Qualcomm.