Yes, I agree with these sentiments. The insular thinking of the B/D does not give
me any confidence. What the heck was the extra 2 cents dividend for?
Maybe so, but to add to the current gloom, Zacks just issued a sell recommendation.
Despite recent acquisitions and continuing buy recommendations, QCOM goes down...down...down. What QCOM needs to do in view of what it is facing is to articulate a rational business plan without further delay. Otherwise, no stopping new multi-year lows IMHO.
Seems to me that the direction China is taking, no business will be able to stay alive, across the board. Yet many still believe that we are on friendly terms with China.