Qualcomm shares rose Fri. after company said it expected to meet ...
Qualcomm shares rose Fri. after company said it expected to meet or exceed high end of previously outlined range of pro forma earnings per share of 21-23 cents for 3rd quarter. Qualcomm also said it expected to attain or…
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beat high end of previous projections of MSM phone chip shipments. Equipment- maker said it also was experiencing “strong order input” for 4th quarter, which ends Sept. 29. Qualcomm cited increasing demand for CDMA products as factor behind revised outlook. It pointed to “rapid worldwide growth” of 3G CDMA2000 1x networks and GPS position location systems.