I think the worst is over and the next 2-3 years looks bright with minimal layoffs. Who else is with me?
13 replies (most recent on top)
@ydt, didnt you see the asterisks on the slide CA was presenting? Bonus is fully funded for execs only.
Bonus pool fully funded. Since Steve is excited about that - I am too!
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Congrats guys for crapdragon 10000 success. With 25G lte. 25 years later I am the same dr. Who only sends congratulating emails.
OP was smoking the Hindu Kush.
Over 1300 views at this point and nobody has posted a single thing to get positive about.
Sad!
I’m with OP. Oh and pleasepass the crack pipe over.
+1
adding vikrum to thread
I think the worst is over and the next 2-3 years looks bright with minimal layoffs
Me too, but mainly because I left qualcomm
not being NXP is a bigger blow than SM is letting on. It's a big blow to auto and to IOT.
All the whiny pessimists can stick to the other threads.
-bnp nailed it. Very nice summary.
Be sure to include on your weekly status report. LOL....
Remember when 2015 was supposed to be a ‘reset’ and then we would return to growth?
Didn’t work out did It!?
Management has proven themselves as total failures.
Look at their growth plan.
1) VR / AR — really??? This is a niche much like drones.
2) Automotive - now that NXP was cancelled, the growth here is done
3) RFFE - how long have we been waiting for this?
4) 5G - maybe, but it’s jist an extension of he existing mobile market. Another evolution - not growth in an already mature market
5) IOT - this is just a joke across the whole industry.
Now look at the risks
1) QTL business model at risk from Apple, Huawei and many governments
2) QCT has issues with MTK eating from below and Apple, Samsung, Hauwei squeezing from above. Operating margins will forever be under pressure from this squeeze.
3) Predatory pressure from potential acquirers and Wall Street will put pressure on management to exceed the $82 offer from Broadcom. If growth does not materialize in a very short time, heads are going to roll.