In connection with the deterioration of the financial results, Qualcomm is thinking about the division of business.
Qualcomm is considering the possibility of splitting into two independent companies. Some shareholders insist on this. This reaction is related to the company's results in the third quarter. Jana Partners Hedge Fund, which owns a stake in the company worth more than $ 2 billion, insists on radical measures to optimize Qualcomm's business: dividing the company, reducing costs, accelerated redemption of its own shares and the introduction of Jana representatives to the board of directors.
Qualcomm CEO Steve Mollenkopf does not deny that the company's financial results are worrying. If the division decision is made, chip production will obviously be separated from the license business. Their cost is estimated at $ 74 billion and $ 87 billion, respectively.
Qualcomm's market capitalization is about $ 104 billion, its annual revenue is $ 26 billion, annual profit is $ 8 billion. Two thirds of the company's profits provide license fees for using Qualcomm technologies. However, two-thirds of revenue comes from chip sales. Since the beginning of 2015, Qualcomm stock quotes have decreased by 14%. According to forecasts for the current quarter, earnings per share should be $ 0.85–1 (last year was $ 1.44), revenue - $ 5.4–6.2 billion (last year - $ 6.8 billion).
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Qualcomm was thinking about dividing the business 15 years ago. But it never came to that, since then the company's financial results began to improve.
July 18, "Megamind" wrote that the online auction site eBay completed the allocation of the payment system PayPal to an independent company. PayPal and eBay show different financial results. If the revenue of the payment system is growing, then the online auction is not so good: the company sells some assets (for example, a corporate unit) and optimizes internal processes.
In early July, it became known that before November 1, Hewlett-Packard Corporation ( HP ) plans to divide the business into two separate companies: Hewlett Packard Enterprise and HP. Last fiscal year, Hewlett Packard Enterprise earned $ 55 billion. The total value of its assets is estimated at $ 65 billion. Separation is a necessary measure. Corporate earnings have declined significantly over the past few years.
Qualcomm CEO Steve Mollenkopf does not deny that the company's financial results are worrying. If the division decision is made, chip production will obviously be separated from the license business. Their cost is estimated at $ 74 billion and $ 87 billion, respectively.
Qualcomm's market capitalization is about $ 104 billion, its annual revenue is $ 26 billion, annual profit is $ 8 billion. Two thirds of the company's profits provide license fees for using Qualcomm technologies. However, two-thirds of revenue comes from chip sales. Since the beginning of 2015, Qualcomm stock quotes have decreased by 14%. According to forecasts for the current quarter, earnings per share should be $ 0.85–1 (last year was $ 1.44), revenue - $ 5.4–6.2 billion (last year - $ 6.8 billion).
')
Qualcomm was thinking about dividing the business 15 years ago. But it never came to that, since then the company's financial results began to improve.
July 18, "Megamind" wrote that the online auction site eBay completed the allocation of the payment system PayPal to an independent company. PayPal and eBay show different financial results. If the revenue of the payment system is growing, then the online auction is not so good: the company sells some assets (for example, a corporate unit) and optimizes internal processes.
In early July, it became known that before November 1, Hewlett-Packard Corporation ( HP ) plans to divide the business into two separate companies: Hewlett Packard Enterprise and HP. Last fiscal year, Hewlett Packard Enterprise earned $ 55 billion. The total value of its assets is estimated at $ 65 billion. Separation is a necessary measure. Corporate earnings have declined significantly over the past few years.
Source: https://habr.com/ru/post/292872/
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