Primarily because of back payments from a Samsung deal that should have been renewed 2 years ago.
And had it been renewed at the same rate as the first agreement, it would have been for more money.
A lot more money.
All future quarters will be less than they should be, except for back payments.
Back payments make this company look a lot better than it is.
Of course its easy to fool an idcc shareholder.
Like gloatius maximus who apparently has his brain in his hiney.
And we all knew that.
And if 50% of future phone sales are from China, then lets not only forget about 800 million a year,
lets forget about 620 million a year, and maybe, just maybe we'll top out at 500 million a year.
Don't ever tell us about global warming or wealth redistribution again.
Like most progressives, they make their fortune talking a good game.
And giving nothing to those they allegedly champion.
and help replenish their supply of rockets and launchers.
Personally, I feel the numbers for this quarter are almost meaningless, although they can continue to prove they can hold normal expenses down.
What is important is progress, and Phase II approval.
One of these days we'll hear that the drilling is done.
And we'll hear that construction is done.
And we'll hear that steam is being injected.
We have already turned off the dirt road, and are now cruising down a 2 lane black top macadam highway, heading towards the interstate.
Put your seat belt on.
Why would you put signage out in your yard ? Why would you put restaurant style windows on your house ?
Why would you invite strangers in your house ?
Why can't people sell herbalife products in their house, like tupperware and other products do ?
50,000 people make money selling herbalife products.
They don't put a gun to your head.
They don't extort you.
How in the world can that be a problem ?
Hey ackman, it doesn't matter.
All you've done is monger hatred and fear.
Herbalife sells a product.
If its overpriced, no one will buy.
One could say your fund charges too much in management fees.
Does that make it illegal ?
Your fund targets people with money.
Is that illegal ?
Predatory ? Lets look at the lending industry, and private equity.
This isn't about you not liking or approving of something.
This is about you seeing a stock drop months ago, and betting you can push the price down further, so you can reap a billion dollars, and using your fame and fortune to make it even bigger.
And if it wasn't for cnbc giving you a sounding board, this would have never happened.
And if what you did isn't illegal, it should be.
LEVEL PLAYING FIELD.
HEY SEC, IF SOMEONE CAN SPEND 50 MILLION TO MANIPULATE THE MARKET, YOU NEED TO CHNAGE YOUR RULES.
I told you every time gaza extremists commit murder, we pay them money.
Hillary gave them a billion a year.
enough to pay for thousands of rockets.
and they bought those rockets from iran.
and iran uses that money to pay for their nuclear program.
Hillary made the hard choices.
So this was a patent that we bought.
This patent is already 13 years old. Whats the life of most patents ?
Anyway, vrng claims Belkin has a u-tube video showing the usefulness of the patent, and knowingly tries to get other companies and other people to use it.
It also mentions NETCAM.
Wonder why they didn't have an sec filing as of this morning.
I just hope my FE dividends cover the extra money I have to pay for rate increases.
It seems like just yesterday, their rate was 7 something. And now its almost 10.
Revs may not skyrocket right away.
But I guarantee you, when cold weather hits, with this outlandish rate, FE revs will SOAR.
Not because he is black.
But because he is out to get everyone who is white privileged.
Instead of lifting his and his own up, he wants to bring us down.
Pyramid schemes rely on existing members to recruit new members.
Herbalife sells product.
Companies like GE sell product.
GE also has to hire new people from time to time.
whats the difference.
I have noticed cnbc attack several other companies.
like who was the blow hard who yelled several times that linc didn't have an office .
and when greenburgh went after green mountain.
what could be a good channel to learn, has become a tool for shorts, longs, traders, and flash boys, to make even more money than they should.
yes, they help people like buffet when they say he bought shares , when the truth is, any purchase they talk about was made months ago, and he may have already sold them, or their announcement might help push the stock up, so anyone buying when they belatedly mention it, is left holding the bag.
cnbc has become an enabler, or maybe an accomplice.
is your money still in the bank ?
can't win them all.
remember, Lindberg construction will be done before the end of the year, although that is an eternity for a trader, and that's what will keep pushing the lows higher.
you and pershing.
Makes you think they have no confidence in a big one being signed anytime soon.
Couple that with the 10 million they raised, and it should be sending out flags.
You can't run a business nowadays without attempting to enter the Latino market.
If you ask me, Ackman sounds like a race monger.
he needs to be voted out.
I'm glad it looks like the 50,000 sales people who work hard for a living will probably be able to keep their jobs.
And that was essentially their own admission.
But why even believe that 100 million, when the 800 million is only going to be 620 million, if that .
Every time we see something like this, its a diversion from what really matters.
Getting checks from Huawei, LG, Nokia, and a decent renewal from Apple.
So did we hired a new licensing director to concentrate on the secondary things, or will she be allowed and enabled to sign the big ones ?