Is the wind changing for Qualcomm?

As a consequence of multiple attacks from both in the marketplace and in the courtroom (both operators and vendors), Qualcomm' s stock fell some 30% since eraly May. Time when I. Jacobs participates to the CDMA technology is far away, but Qualcomm still ask excessive royalties (5% to 6% of the price of cellphones that use its technology). Even the GSM industry could not avoid Qualcomm' s patented innovations. As a consequence, they had to face rising criticism by competitors and operators and several lawsuits. Big countries such as China and India are trying to escape royalties in moving away from its technology. Even the European Union filed antitrust complaints. But the main blow Qualcomm has received in the past three months is the announcement by Sprint Nextel that it will deploy a WiMAX network. Not only its own broadband wireless technology (Qualcomm paid $810m to buy Flarion' technology) is not selected, but the Sprint decision is considered as a victory for Intel, who spent millions of dollars to build a real strategy (a Forum, trials, stake in start-ups and operators interested in WiMAX, such as Clearwire,..) for WiMAX taking off. With WiMAX, Qualcomm should not be able to duplicate the CDMA coup. "Nobody has a lock on it," says Sean Maloney, an Intel executive vice president and its top strategist on WiMax. Furthermore, Intel is a powerful chip maker and it is an opportunity for it to build bigger markets for its chips, not just in laptops, but in new pocket-sized gadgets and consumer-electronics devices. Qualcomm should be busy in coming years to impose its Flo technology and to stem in Intel and al assaults. Still for some years, the CDMA industry will be a cash-cow, but after?