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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.35-0.4%Dec 4 3:59 PM EST

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To: w molloy who wrote (17624)11/3/1998 6:29:00 PM
From: Michael Allard  Read Replies (1) of 152472
 
W Molly:

They paid out $11,809,000 to Sony for their share of the profit @ QPE during Q4. They mentioned on the conference call that QPE produced more for QCOM than Sony, so profit at QPE exceeded $23,618,000. QPE is only a Manufacturing Joint Venture now, so each side can make more money with the phones depending on how well they sell them, so really, QPE is doing better than this.
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