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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (79505)11/2/2011 5:24:22 PM
From: 2MAR$  Read Replies (1) | Respond to of 218253
 
QCOM ruled tonight's after hours and flying a bit ...not to new heights ($57) but doing fine

Wireless chip vendor Qualcomm (QCOM) this afternoon reported fiscal Q4 revenue and earnings per share ahead of expectations.

Revenue in the three months ended in September rose to $4.12 billion, yielding 80 cents per share in net profit.

Analysts on average had been modeling $3.996 billion and 78 cents a share.

For the full year 2012, the company sees revenue of $18 billion to $19 billion, and EPS of $3.42 to $3.62 per share. That is above the consensus $17.29 billion and $3.47 per share.

Shares of Qualcomm are higher by $3.08, or almost 6%, at $55.26 in late trading.

That 2012 estimate includes a forecast for the current quarter of $4.35 billion to $4.75 billion in revenue and 86 cents to 92 cents a share in profit, which is above analysts’ consensus of $4.24 billion and 85 cents.

Qualcomm forecast 146 million to 154 million “MSM” mobile modem shipments in Q1. For the full year, the company sees average selling prices for CDMA baseband modems in a range of $197 to $209, versus last year’s average of $203 to $209.