Is Qualcomm the New AMD?
colinneagle writes "It's a darned shame, but the writing is on the wall for AMD. The ATI graphics business is the only thing keeping it afloat right now as sales shrivel up and the company faces yet another round of staffing cuts. You can only cut so many times before there's no one left to innovate you out of the mess you're in. Qualcomm, on the other hand, dominates this space, and it has the chips to back it up. The Snapdragon line of ARM-based processors alone is found in a ridiculous number of prominent devices, including Samsung Galaxy S II and S III, Nokia Lumia 900 and 920, Asus Transformer Pad Infinity and the Samsung Galaxy Note. Mind you, Samsung is also in the ARM processor business, yet it is licensing Qualcomm's parts. That's quite a statement."
You're a damned liar. Health insurance companies have recently come under scrutiny for bringing in margins upward of 20% -- one of the key provisions of the Affordable Care Act dictates that any profit above this value must be returned to the customers. Oil companies have been setting record profits, worldwide, across all businesses, year-over-year, for the past decade or so.
Did somebody pay you to spout that nonsense, or are you honestly this fscking stupid?