Ben Gilbert: prediction

Transcript context

…But sometimes it does. That's what makes our industry fun. All right. We're not going to do grading because we've decided to kill grading until we otherwise resurrect it. But I do think it's worth articulating a little bit of a takeaway. My takeaway on Qualcomm is the last decade was basically the best decade for their business model and being in the right place at the right time to have an incredible business model around capitalizing on mobile. In order for the next decade as successful, they need to be absolutely correct about their growth businesses around IoT, around automotive, and around whatever the intelligent connected edge ends up describing. Because I think those are technologies that we don't quite know what they are yet. I think if they continue to try to run the same playbook in just the handset market that they have been, the best days are behind them because people have caught on to their games a little bit and are going to squeeze in from a bunch of different directions. Yes, totally agree. To paint the best version of the intelligent connected edge that I have heard Cristiano articulate is to put plainly—we did the AWS episode. There's over a hundred billion dollars in revenue backlog in the cloud. We talked about on the AWS episode, Snowball and Snowmobile, getting data to and from the cloud is still one of the major pieces of lock in. You think about how data gets in and out of the cloud, most of it is not by Snowmobile. Most of it is wireless.…

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