ES
Ed Snyder
11quotes
Quotes by Ed Snyder
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It's doubtful this will have any impact in the foreseeable future on Qualcomm's finances. If it has a financial impact, that will be several quarters out.
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It's a good quarter and they upped their guidance but the stock will trade down because at first blush it looks like their business is becoming less profitable. Guidance for earnings did not increase as fast as revenue.
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A lot of enterprise stuff will probably be up on the chopping block because they tend to be weak in that area.
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Think about the implications of this. Mike would not be able to go to anybody in the telecoms space if Motorola sticks to this ... There will probably be some sort of agreement struck.
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Virgin is trying to start a bidding war by rejecting the offer on the premise that the price isn't right rather than saying the company is not for sale.
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I was here last year, and this was the best barbecue I ever had. I had high expectations this year, and I wasn't disappointed.
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