QUALCOMM Increases Financial Guidance

QUALCOMM increased its financial guidance citing greater than expected WCDMA royalties, faster migration to 6000 series Mobile Station Modem chipsets and stronger orders for CSM products.


The company now expects its third fiscal quarter revenues to increase approximately 44-46% year-over-year. Total QUALCOMM earnings per share are expected to be approximately $0.49-$0.51, an increase of 113-122% year-over-year, compared to our prior guidance of $0.46-$0.48. http://www.qualcomm.com/