Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Mike Buckley who wrote (52956)	11/7/2002 5:01:04 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 54805

Speaking of Qcom: SAN DIEGO, Nov. 7 /PRNewswire-FirstCall/ -- QUALCOMM Incorporated (Nasdaq: QCOM - News) today announced its fourth quarter and fiscal 2002 results ended September 29, 2002. GAAP reported revenues were $874 million (34 percent increase) in the fourth quarter of fiscal 2002 compared to $651 million in the year ago quarter. GAAP reported earnings were $190 million or $0.23 per share in the fourth quarter compared to a loss of $75 million or $0.10 loss per share in the year ago quarter. GAAP reported revenues were $3.0 billion (13 percent increase) in fiscal 2002 compared to $2.7 billion in fiscal 2001. GAAP reported earnings were $360 million or $0.44 per share in fiscal 2002 compared to a loss of $578 million or $0.76 loss per share in fiscal 2001. Pro forma revenues were $840 million (29 percent increase) in the fourth quarter of fiscal 2002 compared to $651 million in the year ago quarter. Pro forma earnings were $250 million or $0.31 per share (63 percent increase) in the fourth quarter of fiscal 2002 compared to $155 million or $0.19 per share in the year ago quarter.(1) Pro forma revenues were $2.9 billion (9 percent increase) in fiscal 2002 compared to $2.7 billion in fiscal 2001. Pro forma earnings were $794 million or $0.98 per share (11 percent increase) in fiscal 2002 compared to $710 million or $0.88 per share in fiscal 2001 (see PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS table). The increase in revenues in the fourth quarter and fiscal 2002 compared to the year ago quarter and fiscal 2001 was primarily related to increasing demand for CDMA products across all major regions of CDMA deployment.

To: Mike Buckley who wrote (52956)	11/7/2002 6:27:26 PM
From: Eric L	Respond to of 54805

10:00 Min Audio by Q;s Louis Lupin on Wireless Royalties Qualcomm's Lupin: Wireless Technology and Royalties San Diego, Nov. 6, 2002 (Bloomberg) -- Louis Lupin, general counsel of Qualcomm Inc., talks with Bloomberg's Scott Lanman via telephone about the agreement among Nokia Oyj, Siemens AG, Ericsson AB and NTT DoCoMo Inc. to lower royalty payments for wideband code-division multiple access (WCDMA) wireless technology and outlook for cdma2000 technology, which Qualcomm is promoting. 01:35 Ownership of WCDMA and cdma2000 patents 01:42 Outlook for royalty payments by phone companies 00:58 Impact of agreement on Qualcomm's cdma2000 royalty rates 01:20 Outlook for Qualcomm's WCDMA licensing agreements 02:34 Impact of agreement on cdma2000 market 01:51 View on the agreement; Qualcomm's royalty rates bloomberg.com I haven't listened yet. - Eric -