|Oh cool. Qualcomm is a monopoly. So let's treble prices. People will still buy the products. They have no choice. Heck, even at treble the price the amazing services available are a supersonic bargain, so we should just add a zero to the prices. Then we could afford to pay the $1 billion monopoly fines and not have the all out panic and share price crash at being robbed by government thieving kleptocrats like Neelie Kroes and the Made in China highway robbers.|
But in fact, we don't have a monopoly and we cannot set prices. We have to agree to what buyers will agree to pay or we don't make a sale. They have choices galore. They can stick with GSM or wifi or fibre or post a letter via snail mail. Even in the narrow field of CDMA or LTE chips, there are competitors galore looming. Intel is a monster looming over Qualcomm for example and there are plenty of Made in China thieves developing chips of various types. It depends on how tightly the so-called "monopoly" is defined. The government thieves define it so tightly that they catch the victim they are planning on looting.
The so-called monopoly doesn't even allow us to collect royalties from China where stealing stuff is standard.
If Qualcomm is a monopoly, why isn't the share price over $1 trillion? It's lagging wayyyy behind Johny come lately Apple, and is now way behind Intel and has fallen by the wayside against Cisco. For a while, QCOM was ahead of both Intel and Cisco. Qualcomm should be the biggest company in the world if we have such great market power.