[quote=rockingtime]I agree with point #1.
Point#2, qcom has not yet done big lay off in sd so far. They have been doing small lay offs for years
Point#3: This is a wild card. We can be in japan like situation where rates are permanently low[/quote]
They’ve already cut almost everybody that’s not QCT/QTL/Corp R&D/ESG. There’s not enough people left to have a major lay off, unless you see them shutting down their chip or licensing business, which I don’t see happening. So, I don’t foresee a major 5k+ people layoff coming any time soon. If there are layoffs, I do see small layoffs like what they’ve been doing.
As for rates, again I don’t see any data to prove rate causes housing price to move in one direction or another.
