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Wow is right. I had no idea they were doing so poorly! Did some of their key patents expire or something? Or maybe we've hit "peak phone/tablet"? Haha
by riskable 10y ago
Wow is right. I had no idea they were doing so poorly!
Did some of their key patents expire or something? Or maybe we've hit "peak phone/tablet"? Haha
- globalgobble 10y agoI am so shocked you call this poorly. Well I am sure americans are used seeing incredibly big numbers but for me this is hardly something I would call a poorly results. Gosh...the entire company has more money than some countries.
- dom0 10y agoYear over year they lost practically a third of everything across the bank.
- deleted 10y ago[deleted]
- hga 10y agoFor a technology company big negative changes like this can be very bad, they can in fact signal that the company will go bankrupt or essentially so, e.g. forced to sell itself at fire-sale prices, in at little as a year or two.
- revelation 10y agoTheir revenue went down 5% which is never a good thing but not a "stop the world" moment either. We don't know why their income crashed, but that might as well be R&D. It's still in a healthy place relative to revenue.. If their margin went down because of massive advertising/discounts yet they still lost 5% of revenue, that would be worrying. But we can't tell from the table alone.
- rasz_pl 10y agothere was this $Billion penalty in China http://www.wsj.com/articles/qualcomm-settles-china-probe-1423518143 http://www.wsj.com/articles/qualcomm-settles-china-probe-142... followed by 'voluntary' investments and 'partnerships'. Intel faced similar fate and was forced to open fab and inject almost two billion into chinese consortium Spreadtrum.