Only focused on the stock price based on eps forecasts and buybacks. I think that is all he knows. Can't be strategic with such a short term cost cutting mindset. And the BOD is fooled by him, or are they being made fools by him?
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@-fvf : you got it !!
BTW, I've got some stock to sell. Anyone give me $82 for it ?? Anyone ?? I know I've materially undervalued it, but gotta offload it quick.
He's as smart as a box of tacks. He's only interested in the financial forecast.
Running a state of the art high tech company with a MBA/accountant. What a joke.
Cliff notes from SM/CA all hands meetings (current and future):
Blah, Blah, Blah
Ra-Ra
"We will ride 5G into the future and beyond"
"All lawsuits will go away... in time."
"Nothing to see here, move on."
Ra-Ra
Blah, Blah, Blah
...
"We have minutes left. Any questions?"
"Well that's about it. Go back to work now." ("So we can continue to offshore this company")
No leadership, no strategy, no vision. Only financial engineering. Sad.
You know that all of the decisions are made by the terracotta warrior in his office? Things would be much worse if GD was in charge...
Only way he keeps his job is hit the fiscal year 19 targets/guidance. Every month 19 financials will be reviewed by board, if any risk to financial guidance heads will roll. The void in leadership has allowed QCOM to become a 100% financially driven company, forget about innovation. But don’t forget to vote white.
No no, he's a smart guy! Just see how terribly applied materials has done since he left... oh wait...