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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: B. A. Wayne who wrote (122678)11/5/2014 5:54:01 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 178807
"Any way Q can book the losses for tax purposes until they are recovered?" I doubt it. What seems to happen is that Q is now reporting lower QTL revenues and royalties, producing less taxable revenue. At some later point, if Q can collect the revenues owed from either companies not licensed or companies that are licensed but still aren't paying, the additional revenues will simply add to total taxable income. The discrepancy between what Qualcomm estimates as "global" versus "reported" revenues accounts for the wider range of guidance for the coming quarter and fiscal year.