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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 130.15+2.4%May 14 4:00 PM EDT

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To: benhorseman who wrote (158142)6/14/2019 5:06:24 PM
From: Maurice Winn6 Recommendations   of 167149
Qualcomm's lawyers make the mistake of saying 5G is a market. Defined stupidly tightly yes,. but for regular humans who wouldn't know a Snapdragon if it bit them, the market is all those cellphone things you can buy to make phone calls and get the Net. That includes WiFi devices as they can do that too as WhatsApp does the phone calling.

The FTC has never defined a 5G chip market, and for good reason — such a market did not exist at the time of trial, and the uptake of 5G-enabled devices is a small fraction of the overall handset market,” Qualcomm argued in its stay request.

Note that phone calls don't have to be old school, last century phone calls. The "market" has widened to include voice over IP. So "the market" should be more like "an internet connection is available somewhere or other".

On reflection, maybe Qualcomm lawyers were not agreeing that 5g or 4g or 3g or subsets are markets. Maybe they were just pointing out the silly FTC defining absurd markets.

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