Time to face reality. The guy is basically an engineer not a businessman. He is a nice guy but should not be running a $100B, oops I mean less than $80B company.
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Not gonna happen
Right
SM has a good package
SM is clueless.. Had meetings with him, and he couldn't make decision. No idea what is happening within the company.. I also served when S. Jha was the COO/President of QCT.. Day and Night different.. SJ knew what is going on and was involved in even chip bring up.. Well respected.. SM - Sigh!!
@itf
Seems like you are a junior engineer who recently joined QC, SM probably was a good engineer but no a CEO, he is completely clueless.....
SM is amazing CEO. Law firms are led by lawyers, medical clinics by doctors, of course that high tech companies should be led by engineers (electrical and software). Business people and MBA are only good to be project secretaries - oh sorry, its called project "manager". Most of the high tech companies are founded by engineers and PhDs. Yes, some of them were university dropouts, but their work in the company is equivalent to engineering degree.
I would not say businessmen do not invest, the right type of businessmen do invest. PJ invested poorly, but that's another discussion. SM did not recognize that Q has a very small number of large customers and to let an antagonistic relationship grow is self destructing. Shows poor business judgement IMHO.
Except that business men have historically lead to the downfall of virtually every tech company that ever existed, once they got control. Business men don't invest 2 cents in any product development.
Op
Time to grow up and face the reality. Qualcomm's business model is dying. Soon 3G is out and thereby the revenue from its licensing. Qualcomm will never be the same. Why do you think SM is so desperately looking for other businesses? PJ should have done better when Qualcomm was ruling the world but he was too busy to dig into media FLOP. He should had never become CEO but he inherited the sandbox his father had created for him.
and what about all the jobs that he has sent overseas just to save a buck. Ya, real nice guy, just like the kid next door.
Right op, he's too nice by laying off 15% to save a billion while sitting on 17 and then trying to buy a company with 40000 employees. No more mr nice. We should have a CEO laying off 50%. I want my stocks up to $100.