Word: qualcomm
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Dates: during 2000-2009
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...earnings invasion is back down to a scouting party, and the count of headliners presages far more bad news (American Express, Lucent, Xerox, Kellogg and Qualcomm) than good. Even the likely winners (Exxon, Phillips Petroleum) should only serve to remind stock-shoppers how low energy prices (and thus prospective profits) have gone lately...
...Irwin Mark Jacobs, CEO, Qualcomm...
MOBILE KARAOKE Singalong Phones Like it or not, cell phone karaoke is here, thanks to software from Qualcomm CDMA Technologies. Vocalists download standards like Dancing Queen and Let It Be from karaoke sites and sing along to on-screen lyrics. Mobile crooning is sweeping Japan and Korea. The U.S. gets the beat later this year when faster wireless Web connections arrive...
...wireless? Just ask Wall Street. Companies seen as harnessing its power have soared to astronomical valuations. Qualcomm, a leader in the digital wireless space, has watched its stock soar nearly 3000% in little more than a year. Finnish cell-phone maker Nokia, which was floundering in the early 1990s, has ridden the wireless juggernaut to become the eighth most valuable company on the planet (see accompanying story). Palm Inc. and AT&T's wireless tracking stocks were two of the most anticipated IPOs this year...
KYOCERA QCP2000 $99 to $149; available in Sept. Kyocera, which bought Qualcomm's handset unit last fall, plans to introduce cheap eye catchers like this...