Qualcomm Inc (QCOM)

[jackmore]

Jim,

Thanks. Your numbers show EPS suffers just a few percentage points if Q "only" gets 25% of the WCDMA chip market vs. the stretch goal of 50%. That goal is a nice target, but is hardly critical to Q's success...as we all know.

Massive proliferation of WCDMA - using whoever's chips work - is the shortest path to success (investment success that is). With Q in the chip market, at any level, its competitors will be humping to equal or best them at every turn, which will drive the proliferation curve and Q EPS.

The "struggle" itself will expand the pie and drive profits. No?

/j