I agree and stock has acted better all quarter long. Prior 3 quarters we had conolistaed gains from earnings all quarter long with multiple traces to the 50 day. Not this time... Instead we added to the gains.
Listened to TQNT and RFMD cc's...Each was a thing of beauty.
We fly tonight, 8-9 is in the cards. Tomorrow likely.
They saw no supply constraints from their suppliers
Record results this past quarter, expect flat Q3 to Q4 results, uptick in results resumes Q1'2011 (Q1 being weakest quarter of the year)
Explosive growth in components of smartphones is coming in 2011-2012, this is just the beginning. We have not even begun to see advances in what these phones can do and will require internally to function
Nokia although dropping as a % of revenue (with overall increased revenue) indicates more players and lots of growth in new customers coming on line