Yeah, sure, remind me what were Qualcomm results last year. 10 billions?
But, don't get me wrong, I wouldn't spit on McDonalds 6 billions either and the soybean market is one of the fastest growing in the agrifood business, with huge volume traded, probably one of the most profitable commodity at the moment.
> Yeah, sure, remind me what were Qualcomm results last year. 10 billions?
How much of Qualcomm's profit comes from providing yet another ARM chip vs. all the value-added parts they provide in the ARM SoC's, like all the radio modem stuff necessary for mobile phones?
Now that's kind of a rhetorical question, not sure a clear answer exists, at least not outside Qualcomm internal finance figures. Food for thought, though.
(That's sort of the logic behind RISC-V as well. The basic ISA and the chip that implements it is a commodity, the value comes from all the application specific extra stuff tacked on to the SoC.)
> How much of Qualcomm's profit comes from providing yet another ARM chip vs. all the value-added parts they provide in the ARM SoC's, like all the radio modem stuff necessary for mobile phones?
The SoC is the SoC.
You can’t magically say "Qualcomm doesn’t make money from SoC which are commodities" and then argue "but actually they make money with the non commodity part because I want to somehow magically split in two something which isn’t splittable".
There is no real food for thought here. It is just a profitable market.
EU grifting is so much worse than even the most brazen Trumpian crypto pump n' dump.
Geniunely repugnant. Atleast the Trump admin has the decency to pump everyones 401k...
I'm trying to figure out why it bothers me so much. I think its because the EU are such unbelievable losers in everything they do. they can't even grift, thats how useless they are. they can't even steal properly. its so undignified, and offensive to the senses.
Wouldn't go that far. EU policymakers have good intentions, I believe - but ultimately are products of their environment and cultural inclination.
The EU is such a bizarre place because they treat capital and entrepreneurs with such massive distrust, but never really bothered getting rid of the quasi-static entrenched hierarchies from feudalism? Like I'll go to the UK or France and there will just be massive swathes of land owned by the nobility or 'former' nobility? Maybe start there but let your high-value human capital earn a good wage?
You are wrong in that you think the hierarchies stem specifically from feudalism, but you are absolutely correct in that these hierarchies exist and are deeply entrenched. Sweden and Germany have one of the lowest percentages of self-made vs. inherited fortunes in the western world. Actually some tax policies in the US enable much more upward mobility, such as real estate taxation and 401k-like vehicles.
The problem in UK cities has nothing to do with feudalism. The massive lands most of those big land owners own isn't really worth that much. The really valuable land around cities is locked up by 1960s land use and building regulation. You have incredibly valuable land not developed because it has to be 'green' but its not some ancient woodland, rather its just a bunch of grass next to a highway.
Those 1960s regulation have a 1000x larger effect then any land owners owning a bunch of unproductive farmland or highlands.
Not to say there are no issues with large land owners, but its nowhere near anywhere close to being the issue with housing prices and living cost.
The EU Parlament has it's issues, and it's atrocious how corrupt politicians like e.g. von der Laien fail upwards into leadership roles there, but they're both massively exaggerating the issues to a degree that it's hard to call the stated opinions anything but unhinged.
Its kinda like calling a Chihuahua "apex predator". completely out of touch with reality.
Okay, can you please quote me directly what I said that is unhinged/delusional or explain why he is on point that I should seek help? I think you have lost sight of that being an incredibly rude thing to say to someone, but maybe not?
Feudalism is a problem in some corners, but it's mostly a UK thing. The US has its own almost-feudalism like ownership structure (see 1980s to now wealth distribution), which is problematic, but it's not bad enough (yet) to halt the US economy.
i didnt read the article (save for the tldr at the end), but imo the youth are, by definition, always ok.
nobody is going to become illiterate or such nonsense, the backstop will always be mammals trying to get one-up on each-other, and you don't do that by being dumb and broke.
as for unethicality or exploiting, really the old saying applies: For my friends, everything; for my enemies, the law. but its always been that way. those who forgot, were living in fantasy land.
Because they aren't and this is just borderline financial fraud? They fire tens of thousands right before an earnings call and then use that to generate future reports. Investors invest and stockholders sip champagne, then they go rehire a significant portion back, completely invalidating all that unlimited growth they promised.
Then, when the next earnings call comes they make some moronic excuse and do it all again. And the past 20 years in the domestic market should have made it abundantly clear to everyone that Wall Street are too stupid to catch on / so bought in they need it to work.
The layoff numbers keep growing too, if you notice. (Fraudulent) numbers keep going up! Yay!
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Not to mention, what happened to making money by being innovative and changing the world? These days, everything just looks to be in the business of growth via scamming consumers of their hard-earned money. They just gave up any pretense of good products or quality service - "fuck you, give me your money" at every. single. turn.
Then all that money goes to 10 guys while everyone else breaks their back for nothing, forced to piss in bottles before going to their +10% YoY apartment to wait to die from health problems they can't afford to fix.
> Not to mention, what happened to making money by being innovative and changing the world?
Too slow and expensive. Why innovate when you can extract instead. It's the financialization of our economy. No one cares about or even has incentive to make better widgets, all the incentive is in financial optimization and squeezing out every last cent because the business is now a financial asset, not a product company.
"Pandemic overhiring"? Christ, that was half a decade ago. The pandemic has been over long enough for a kid to go through high school or get a Bachelor's!
But the board will be enriched by this, and that's all that matters.
It is a human interest story so it focused on that angle. I think most people can recognise that having these data centres on US soil outweighs the quality of life concerns of the local residents. NIMBYism holds back a lot of infrastructure in the UK, that does get discussed a lot here.
Nobody in this article is whining about a company "building something". But whenever anything this large is built, there are externalities. Externalities are an indirect cost or benefit to others.
It just seems to me that in Virginia in the United States, the externalities of building a massive data centre in an existing residential zone are either not being considered or not being acted upon.
I'd hate it if a company built a massive data centre right next to where I sleep. Low noise pollution is vitally important to quality of life.
I'd like to live in a society that treated me fairly, and at least purchased my property off me before building the data centre.
By all means, build the infrastructure. But please look after your people. It's not that arduous to purchase a few properties in exchange for a massive amount of profit.
SoC market is mcdonalds. its huge in the same way the soybean industry is huge. zero margin commodity.
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