Thread regarding Qualcomm Inc. layoffs

Why Qualcomm Failed?

by | Post ID:
390 views | 5 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

5 replies (most recent on top)

CNBC reported an eps of 99 cents in the last quarter. So how so a failure? What is alarming is the news that these Jana clowns join the board with 3.

by | Post ID:

Respected analyst Jim Cramer who has been a cheerleader for Qualcomm and whose charitable trust has bought lots of Quakcomm stock today said, "They don't have a good product" For the first time he is quite bearish on Qualcomm and rightly so. Irwin, Steve Altman, Harvey White and the other visionaries who used to run Qualcomm resisted the pressure to myopically look ahead just to achieving results for the next quarter. SM is no Irwin Jacobs! MS is no Dan Sullivan! When a company forgets that its employees are its most valuable resource it is doomed to fail. It is very troubling and highly unusual that Qualcomm announced more than 4,000 layoffs and more than a $1 Billion reduction in their operating budget and instead of going up the stock tanked at 61.78,

by | Post ID:

They have 1 real business - licensing.

They have 14 parasitic businesses that bleed money and spawn shit-tier products and people.

They have no reason to be anything but a mid-level company that should have no aspirations of having a 'marketing' group or UIX or crappy consumer targeted ambitions.

This reminds of how much of a failure Google is when trying to create Social Media and 'Fun' products. Keep the f***ing scientists in the basement where they belong.

by | Post ID:

Who says they failed? What are you using as a basis?

Take a look at the balance sheet and seen all the billions they made? Quit making shittt up dumba$$ MF.

by | Post ID:


by | Post ID:

Post a reply


Related pages

lowes contractors reviewspatterson dental salarybrinks jobs paylitho kromehalliburton jobs dubaithe container store coppellwww americanchartered comuti graduates salarykmart return policy on electronicsverizon retirement planoptimum norwalk ctfluor engineering jobsexxonmobil woodlands jobssap layoffsstate farm insurance winter haven floridaibm alliance job cutthe layoff chesapeake energybank of america locations oklahomanewfield exploration stockdrinker biddle layoffsnordstrom montclair cacintas chicagojobs at coca cola canadastaples grandvillehow to pronounce tempe arizonaebay lay offhoneywell sky harborrealpage stockfull form of vmwarescolrofficemax store manager salarybob flexondelk spectrum shopping centerintel job gradesconagra foods layoffsbank of maerica.comcharlotte russe payrollstaples saginawebay lay offgrainger chicago officeat&t payroll departmentalliance boots managementchase bank phoenix hoursnovartis san carlos jobsbreitburn comcabelas labor day salescotiabank st kittshospira inc stockgrainger locations iljourneys oxford valley mallunder armour portland oregonapple store greenhills malllowes department manager interview questionsthe coca cola company atlanta gawholefoods tulsa okresource action ibmsuntrust manager salaryfrys campbell hoursbank of america loss mitigation departmentcapital one call center richmond vacvs head officebiogen layoffsprecision castparts stocktrican well service payapple store short hills malldstoutput.comlowes employee websitecognisant technology solutionshh gregg jolietcarrizo oil and gas stock priceviacom layoffjcpenney district manager