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Good News, Good Grub

Roughly 450 stockholders filled the tiered Irwin M. Jacobs Hall at 5775 Morehouse Drive on Tuesday, March 2, for Qualcomm’s annual stockholders’ meeting.

Chairman/CEO Paul Jacobs presented statistics pertaining to Qualcomm’s fiscal 2009 performance, the company’s expanding partner relationships, a new $3 billion stock-repurchase program, and industry trends.

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Some of Qualcomm’s foreseen trends involve the sale of higher-end Smartphones (which are expected to exceed all computer shipments by 2011) and 3GCMA technology required for mobile broadband.

“Still some caution with regards to the economy, however, we expect the market to grow 20 percent in 2010,” said Jacobs. “We have a strong balance sheet and cash flow…up to 19 billion in significant gains.”

A meeting attendee later said, “Yes, I want to know what’s going on with the company and am happy to hear of their successes, but, honestly, I come for the extravagant breakfast buffet.” The stockholder then wrapped up a bit of extra food and stuffed it inside her purse.

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Decommision Accomplished

Roughly 450 stockholders filled the tiered Irwin M. Jacobs Hall at 5775 Morehouse Drive on Tuesday, March 2, for Qualcomm’s annual stockholders’ meeting.

Chairman/CEO Paul Jacobs presented statistics pertaining to Qualcomm’s fiscal 2009 performance, the company’s expanding partner relationships, a new $3 billion stock-repurchase program, and industry trends.

Sponsored
Sponsored

Some of Qualcomm’s foreseen trends involve the sale of higher-end Smartphones (which are expected to exceed all computer shipments by 2011) and 3GCMA technology required for mobile broadband.

“Still some caution with regards to the economy, however, we expect the market to grow 20 percent in 2010,” said Jacobs. “We have a strong balance sheet and cash flow…up to 19 billion in significant gains.”

A meeting attendee later said, “Yes, I want to know what’s going on with the company and am happy to hear of their successes, but, honestly, I come for the extravagant breakfast buffet.” The stockholder then wrapped up a bit of extra food and stuffed it inside her purse.

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San Diego Reader 2024 Music & Arts Issue

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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