Qualcomm's quarterly revenue exceeds expectations
Post# of 28526
Posted On: 04/24/2013 4:30:05 PM
Qualcomm's quarterly revenue exceeds expectations
SAN FRANCISCO (Reuters) - Leading mobile chipmaker Qualcomm posted fiscal second-quarter revenue of $6.12 billion and net income of $1.87 billion, or $1.06 a share, as demand for smartphones continues to grow. Analysts on average expected second-quarter revenue of $6.085 billion, according to Thomson Reuters I/B/E/S. (Reporting By Noel Randewich; Editing by Steve Orlofsky)
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