Wed, Nov 26, 2014, 9:15 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Ericsson Message Board

  • cloggervic cloggervic Feb 27, 2013 11:45 AM Flag

    50 billion subscrioptions in 2020?? The population of the world is only 7 billiob!

    Hans Westberg said at Mobile Wordl Coingress Barcelona that he is aiming for 50 million "attached units" by 2020. Here is his text (in Swedish)

    Han upprepade bolagets antaganden vad gäller abonnent-tillväxten i näten de kommande åren. Bolaget tror fortsatt på 50 miljarder uppkopplade enheter år 2020.

    Translation: He repeated his assumptions for subscriber growth in the network in the coming years. The company still believes in 50 billion connected units by 2020.

    "50 milliarder" is 50 billion . But the population of the earth is only 7 billion. So the copmpany is believoing in 7 mobile susbscriptions per man, woman and child???

    Heck, I am long Ericsson, but this number makes me wonder about their assumptions!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Echos of Cisco 2000?

      Hans Westberg's prediction is reminiscent of Cisco at the beginning of 2000, whose shareprice seemed to be predicated on its revenue reaching about 25% of world GDP/GNP

      Ericsson's revenue is fine, but its net profit of 2.5% needs to be drastically improved.
      I will sell at 82 kronor.

 
ERIC
12.66-0.03(-0.24%)Nov 26 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
SeaDrill Limited
NYSEWed, Nov 26, 2014 4:01 PM EST
TASER International Inc.
NasdaqGSWed, Nov 26, 2014 4:00 PM EST