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higherpurpose | 10 years ago

Which is funny because the reason Qualcomm screwed up recently (besides all the anti-competitive/antitrust issues) is because it didn't come out with its own next-generation custom CPU core sooner, and had to use stock ARM IP which I guess it didn't have much experience in handling.

The shareholders' "solution" is what will destroy the company. Qualcomm would've been fine in the next 2 quarters, once it passed the Snapdragon 810 generation.

I don't know why they freaked out so badly after just one bad quarter (and after Qualcomm has constantly grown for the past 5 years) to the point where they want to split the company. That seems rather crazy. I wonder if there's something else besides next-quarter-profit thinking behind this motivation.

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fpgeek|10 years ago

If you believe the article (I'm not sure whether or not I do), the shareholders didn't freak out because of the bad quarter - it was just an opportunity to push their pre-existing agenda of prioritizing returning capital to shareholders instead of investing in the business. If that happens to destroy the company in the long run, these shareholders might not care - nothing stops them from selling their shares well before the long run arrives.