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Technology Stocks : Qualcomm - Titanic of the wireless industry?
QCOM 154.72-2.5%Jun 13 9:30 AM EDT

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From: veritas5017/23/2010 8:07:21 AM
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I thought this would be of interest since Ericsson is one of the largest CDMA infrastructure suppliers:

Ericsson Misses Estimates as Global Network Sales Decline

bloomberg.com

- "Revenue dropped 8 percent to 48 billion kronor, missing the 50.8 billion-kronor average estimate of 30 analysts."

- "Ericsson’s equipment business suffered as operators held back on spending and merged networks to cut costs. The unit’s sales declined 12 percent, with revenue in India, China and southeast Asia falling the most."

Gee, Ericsson is declining, Nokia acquired Motorola's network business, what next?
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