That mobile revolution still relies largely on cloud compute platforms, I feel that this is more like building better destinations for automobiles to go to.
The margins on mobile chips are pretty cut throat. QCT operating margins have been between 4-17% last 4 Qs. Intels are usually closer to 30%. Data centers fuel the mobile revolution. If I was a investor would I want to throw money at some thing that gave me close 30% return or 17%?
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[ 3.2 ms ] story [ 18.8 ms ] threadFeels to me like they are building a better horse and buggy while the automobile is creeping up on them.
The margins on mobile chips are pretty cut throat. QCT operating margins have been between 4-17% last 4 Qs. Intels are usually closer to 30%. Data centers fuel the mobile revolution. If I was a investor would I want to throw money at some thing that gave me close 30% return or 17%?