More coming. business’s will be sold off. Qualcomm will right the ship by selling off the non profitable businesses/technologies. Also, QTL better get a bit cut. They are a major part of the problem.
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QTL was hit. Heard they were cut 1/3 by someone leaving the BU.
But that improves earnings
Where does 1.5B come from? They had only promised 1B in January. Any other update since then ? I couldn't find it so far.
The difficulty with selling non profitable businesses is well, they are not profitable. So they dont exactly sell for very much $$. The stockholders want their $$.