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

To: dougjn who wrote (10080)4/21/1998 5:14:00 PM
From: J. Kerner  Read Replies (1) | Respond to of 152472
 
Does anyone know how revenue of $761 million compare to expectations?

Regards,
Jason



To: dougjn who wrote (10080)4/21/1998 5:17:00 PM
From: rhet0ric  Read Replies (2) | Respond to of 152472
 
This is a little odd, too:

During the second quarter of fiscal 1998, the Company determined that royalty estimates have become more reliable [...] The effect of this one-time adjustment increased royalty revenues by $18 million in the second quarter of fiscal 1998.

Without this, profit would have been just $8m.

rhet0ric



To: dougjn who wrote (10080)4/21/1998 5:24:00 PM
From: William  Read Replies (1) | Respond to of 152472
 
this one-time adjustment increased royalty revenues by $18 million
+++some other one time income > net income for this Q. QCOM learnt
the ART to play game with WS now. No complain!


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