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   Technology StocksQualcomm - Titanic of the wireless industry?


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To: henry8 who wrote (71)11/5/2009 1:27:45 AM
From: veritas501
of 116
 
Surprise! Surprise! From Reuters:

Qualcomm forecast full-year revenue of $10.5 billion to $11.3 billion, below Wall Street expectations for revenue of $11.61 billion, according to Thomson Reuters I/B/E/S.

The company said it expected earnings of $2.10 to $2.30 per share in the full year of 2010, below the $2.32 expected by analysts on average.

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To: veritas501 who wrote (76)12/2/2009 4:28:12 PM
From: veritas501
of 116
 
At the end of 12 months Qualcomm and its stock price will implode and CDMA will be losing subscribers. So much for the "great" Qualcomm.

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To: veritas501 who wrote (77)12/2/2009 4:53:49 PM
From: veritas501
of 116
 
Writing on the wall for CDMA in Latin America:

img.cellular-news.com

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To: veritas501 who wrote (78)12/2/2009 5:19:35 PM
From: veritas501
of 116
 
CDMA will conquer China, and India, and ...

Yet CDMA is going downhill right in Qualcomm's own backyard.

CDMA subscribers in the Caribbean and Latin America:

6/05: 49 million
6/06: 70 million
6/07: 70 million
6/08: 56 million
6/09: 41 million

CDMA subscribers are declining at the rate of 20% per year in the Caribbean and Latin America.

What about Europe? As of 6/09, 4.3 million subscribers.

Yup, CDMA will take over the world. JUST YOU WATCH!

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From: veritas5011/29/2010 3:12:47 PM
of 116
 
Eventually Qualcomm will settle at around $10/share, in my opinion. As usual, the losers are the people who bought the hype from hypesters like JeffreyHF and other touts.

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From: veritas5012/5/2010 8:26:32 PM
of 116
 
Sometimes you have to wonder if Qualcomm supporters had a life before CDMA.

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From: veritas5012/10/2010 6:13:26 PM
of 116
 
The people who should be really worried are not the stockholders. The people who should be really worried are CDMA operators. Verizon Wireless alone invests $5 to $6 billion every year in their network. If CDMA subscribers start declining, CDMA operators will be in BIG trouble.

For the sake of a balanced discussion, I include the pro-Qualcomm response:

Nah, nah, nah, nah. Qualcomm owns CDMA patents so it will take over the world. It doesn't matter if CDMA subscribers start to fall; it doesn't matter if the stock price goes towards zero; it doesn't matter Nortel and Lucent don't exist anymore. Qualcomm invented CDMA so it's great no matter what happens. Nah, nah.

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To: veritas501 who wrote (82)4/11/2010 2:44:28 AM
From: veritas501
of 116
 
The CDG came out with the subscriber data for 2009. Drum roll please: still no billionth CDMA subscriber. Of course, Latin America declined AGAIN for the 3rd year running, from a max of 72 million in 2006 to 36 million at end of 2009. And this with 3G and EV-DO. But who cares, right? As long as the poor saps in the stock market keep buying overvalued QCOM stock, all is well in the world.

Europe was up by 1.8 million subs for the year, the same number GSM adds in about, what, 5 minutes?

Haha -- at least the CDG is honest. It put Middle East sub growth at 990,000. Kind of like buying a lie detector for $9.99.

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To: veritas501 who wrote (83)4/12/2010 10:37:04 AM
From: veritas501
of 116
 
Hey, Qualcomm, why don't you buy me this house? $20 million should be no problem.

liladelman.com

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To: veritas501 who wrote (84)4/12/2010 4:40:47 PM
From: JeffreyHF
of 116
 
Having fun playing with yourself in public?

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