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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 111.06

0.0%

Sep 29 4:00 PM EDT

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To: Jim Mullens who wrote (122692)	11/6/2014 10:27:52 AM
From: slacker711	Read Replies (2) of 182498

I don’t understand guidance… what from China is included / what is not. The low-end of guidance assumes the current status quo. The high-end assumes that they are getting paid on some percentage of Chinese sales though I dont think they indicated how much. + FY15 Revenue guided up1% to 9%, + non-GAAP oper inc up 3 – 12%, + yet non-GAAP EPS down 4% to up 2%. They said that non-GAAP tax rate is going up next year so that may account for at least some of the difference between operating income and EPS. It also gets impacted by their assumptions around the total shares outstanding. Slacker

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