From today's financials,
Cash and cash equivalents at end of March, 2018= $ 37.9B
Cash and cash equivalents at end of March, 2017= $ 7.1B
Why not invest the cash to hire more, invest in new areas than laying off more?
9 replies (most recent on top)
NXP will come teach exc abcd of
chip business..nxp buy is exec mba from Harvard for exc learning on the job
Those corporate jets aren’t cheap, you know.
NXP is junk, they should have never pursued it.
Sorry -- I had the wrong story. Here's the earnings report by local reporter Mike Freeman:
http://www.sandiegouniontribune.com/business/technology/sd-fi-qualcomm-marchquarter-20180425-story.html
Here's local paper's story with more details on earnings:
http://www.sandiegouniontribune.com/news/public-safety/sd-me-borrego-quake-20180425-story.html
As GD said, its already set aside for NXP or stock buybacks. Anyway, dont need the expensive US engineers, given they have no strategic plans for engineering. Its all M & A now.
dividend hike boo- yah
Hope NXP doesn't happen, if there are going to be layoffs either way then let it be the case where NXP doesn't happen, in the scenario where NXP happens, all the bottomline in US locations will be fried and the top bosses will be counting the $s as is the case always
cause NXP gunna cost $$$