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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: cfoe who wrote (125115)	11/7/2002 4:36:46 PM
From: slacker711	Read Replies (1) \| Respond to of 152472

Wow....I never thought they would hit 26 million chipsets next quarter. First Quarter Fiscal 2003 -- Based on the current business outlook, we expect first fiscal quarter pro forma revenues to increase by approximately 15-22 percent compared to the fourth quarter of fiscal 2002. We expect first fiscal quarter pro forma earnings per share to be approximately $0.35-$0.38. This estimate assumes shipments of approximately 25-27 million MSM phone chips during the quarter, including approximately 21-22 million CDMA2000 1X MSM phone chips. We expect approximately 85 million CDMA phones to be sold in calendar 2002. Fiscal 2003 -- Based on the current business outlook, we expect pro forma revenue growth for fiscal 2003 to be approximately 19-23 percent and pro forma earnings per share to be approximately $1.15-$1.20. This estimate is based on the sale of 100-105 million CDMA phones in calendar 2003 with approximately 10 percent decrease in average selling prices of CDMA phones, upon which royalties are calculated.