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Mock, Dave Qualcomm Equation, The: How a Fledgling Telecom Company Forged a New Path to Big Profits and Market Dominance eBook

Qualcomm Equation, The: How a Fledgling Telecom Company Forged a New Path to Big Profits and Market Dominance

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Imprint: Amacom Books

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If you¿re a Qualcomm customer or stockholder, or in fact if you have a stake in almost any cellular service or even just use a mobile phone, you¿re no doubt aware of the enormous impact on the development of cellular technology by actress and sex symbol Hedy LaMarr. All right, perhaps you¿re surprised. The telecom industry has never been short on surprises, and the above example is no exception. Nor is it an exaggeration. Read the book. Similarly, it is not an exaggeration to say that Qualcomm, through a combination of technological superiority, cunning business acumen, and sheer tenacity, has become the undisputed standard by which telecom companies now measure themselves. In short order, they have also become a model of substantial and sustained growth that businesses in all industries should emulate. Qualcomm¿s rise mirrors that of the cell phone itself. Both are ubiquitous, both continue to evolve rapidly, and both turned the status quo on its head. The Qualcomm Equation reveals crucial but little-known information on the history of cellular and wireless technology -- some of which dates back to World War II -- and shows how the company grabbed the wave just as it began to rise. How did they do it? Even while most competitors were using an essential technology, Qualcomm believed in an alternative they had developed, and continued to refine and promote it until at last it caught on. The Qualcomm Equation details how the fledgling company, while their rivals simply duked it out for more customers, made a killing not only by offering great service, but also by leasing their superior standard technology to other telecom companies. While Qualcomm grew its own customer base, they had also, in essence, found a way to make more money the bigger their competitors got.

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Title of Business & Economics eBook: Qualcomm Equation, The: How a Fledgling Telecom Company Forged a New Path to Big Profits and Market Dominance
Release Date: 03-04-2005
Publisher: Amacom Books

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Parent title Qualcomm Equation, The: How a...
Encrypted (DRM) Yes
SKU 9780814428580
File size 12778
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Qualcomm Equation, The: How a Fledgling Telecom Company Forged a New Path to Big Profits and Market Dominance


Chapter One

Ecstasy, Pianos, Torpedoes

The Beginnings, World War II to the Mid-1960s

Entire industries can start from a simple idea-a drawing scribbled on a napkin, or a hobby that unexpectedly grows into a full-time endeavor. Bill Gates dropped out of Harvard to play around with new computing devices. Bill Hewlett and Dave Packard started selling electronics from a makeshift workshop in a single-car garage-now designated as a California historic landmark and widely regarded as the birthplace of Silicon Valley.

For every invention that is doggedly pursued until a goal is reached, dozens can be found accidentally or unintentionally. In 1968, a researcher at Minnesota Mining and Manufacturing (3M), attempting to improve tape adhesives, considered a semisticky substance that held for an unusually long time despite its relatively low adhesiveness to be a failure. Then, years later, 3M found a blockbuster application for this tacky backing in its line of Post-it notes, the hugely profitable repositionable notepaper.

In 1886, John Pemberton, an Atlanta pharmacist, developed the original formula for Coca-Cola, using the coca plant and kola nuts, as a nerve tonic for people who were feeling under the weather or fighting an addiction. You can probably guess the rest of that story. Many novel inventions take decades to find a suitable use, while others never do.

But the founders of Qualcomm and the team that backed them had no such problems applying their radical communication solutions. From the outset, they knew exactly where they were going. No one knew how successful they would be, or how their ideas would be received i

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