People say that in hockey you don’t go where the puck is, you go where the puck is going, and Qualcomm went where the puck was going: to Moore’s law, which was on a hockey stick–like curve upward. “Somewhere in the early 2000s when we were trying to expand to India and China,” said Jacobs, “I made the outlandish prediction that one day we would see hundred-dollar phones. Now they’re below thirty dollars in India.”
