Qualcomm confirmed its previous forecast for 2nd quarter, saying ...
Qualcomm confirmed its previous forecast for 2nd quarter, saying it expected earnings of 20 cents per share in period, excluding its strategic initiatives program. Company earlier predicted earnings of 19-21 cents per share in quarter. Qualcomm Chmn. Irwin Jacobs…
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said 2nd-quarter targets for phone chip shipments were coming in at “upper end” of original estimate of 13-14 million units and CDMA2000 1X shipments now were expected to reach 1 million more units than early estimate.