Qualcomm Inc. (QCOM). The chipmaker forecast double-digit sales growth this fiscal year, banking on continued strong demand for smartphones and mobile devices as its quarterly results beat Wall Street estimates. For the current quarter, it expects sales to jump 30 percent to 42 percent. It posted fourth quarter net earnings of $1.06 billion, or 0.62 cents per share, compared with $865 million, or 53 cents per share, in the year-ago quarter.
QCOM is currently up 3.70 to 55.87
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