The ONLY think helping this year's results is Apple (Maverick) not having their modem act together. That changes next year as we know. The jelly beans from automotive and the vapor revenue from Nuvia will be a joke. Qualcomm, you better start destaffing FAST.
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AI is the next big thing that will carry semiconductors. Unfortunately, Qualcomm will play no role other than client handsets...... Outlook not good for this company, no growth.
It's not only Qcom. It's the economy. Don't worry, you will be cut with all the others soon as recession hits USA.
“You think CFO and the CEO are not aware?”
They would be aware.. you know how many folks are supporting them to summarize numbers on market
- But they should have anticipated this declining and went to conservative route… instead of panic hiring…
See what fruit company did at the same time.
Duh. You think CFO and the CEO are not aware? They are trying everything to minimize impact on the employees. However, dividend and stock price are paramount. If stock drops even lower, Hoc Tan’s will start circling Qcom.