Wall Street Analysts are expecting dismal Quarterly Financial results from Qualcomm. To add insult to injury, Intel is now beating Qualcomm. Let's see how SM and the QC Executive Team spin this disaster! Everything is great. Back To Work! B.S.!
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@GYR6Qfx-2kye: thanks for your insightful comment that Smartphone Sales will drastically drop. amazing information
Guidance will be bad due to drastic drop in Smartphone Sales. QC stock will drop as investors panic especially due to inept Executive Management.
When stock was in 80s what were they pricing in? 23% yoy smartphone growth forever?
Priced in bro, long time ago
it's always priced in! yet there's a recent pattern of large downward moves post earnings call. Strange.
"The stock went up temporarily because Qualcomm signed another Licensing deal in China. Overall the financial results will not be good"
WS has already anticipated that financial results will not be good. Those bad news have been already reflected in the current stock price.
The stock went up temporarily because Qualcomm signed another Licensing deal in China. Overall the financial results will not be good.
Why did the stock go up today? Don't get me wrong, I am not saying that things are good.
But, saying that Wall Street Analysts are expecting bad results is not true.
Expectations are so low, you are retarded if you want to short at this level
So nice to know the proposed layoffs for Intel gave the stock a bump.
Qualcomm and some misguided analysts keep saying things are disastrous now but there is light at the end of the tunnel. Hogwash!