Irwin Jacobs
Irwin Jacobs
causing economic global growth lower million sales versus
Global economic uncertainties have slowed the growth we were previously expecting, causing us to lower our expectations for CDMA handset sales to approximately 80 million units in 2001 versus the 90 million units on which we had previously planned.
believe chip expect half industry levels lower normal quarter record reflected returned second shipments strong
As expected, second quarter revenues reflected lower shipments in our chip business, ... However, we believe industry inventories have returned to normal levels and we expect a strong second half with record MSM chip shipments.
greatest lack putting resources shortage slow trained
But the greatest shortage that will slow us down is the lack of trained people. So we are putting resources in training.
based earnings expect fiscal growth revenue strong
Based on preliminary estimates, we expect strong revenue and earnings growth for fiscal 2002.
good whatever
Whatever we do has to be as good as any in the world,
either engage globally playing
We have to engage the world because for us we're either playing globally or not playing at all.
factors outside wish
We wish we could go faster, but there are factors outside our control,
access areas belief central continued data focus fuel future growth improving industry internet investing strategy wireless year
This year we continued to focus on improving profitability while investing in areas of future growth. Central to our strategy is the belief that CDMA-based wireless data and Internet access applications will fuel industry growth for years to come,
cell factor low power safety site
There is a (better) safety factor because we are transmitting at such low power to a cell site right in the airplane.
assure believe combined current growing necessary position rapidly wireless
We believe that the current reduction, combined with other cost-cutting measures, is necessary to assure our competitive position in the rapidly growing wireless communications market.
believe critical data growing market products variety wide wireless worldwide
We believe that the availability of a wide variety of products and wireless data applications is critical for growing the worldwide market for CDMA,
move strategy strongly sure wireless
It's part of our strategy to move much more strongly into what we think is this new-coming trend, which is the wireless Internet, ... What we want to do is make sure there is a whole set of capabilities available.
boat growing profitable
It's profitable in the sense that it's growing the boat business,
following holiday large quarter sale
The holiday quarter is always a very large quarter for the sale of phones, ... The following quarter is a little less.