Home arrow News arrow Qualcomm takes large charge, cuts '09 rev target - Reuters
Qualcomm takes large charge, cuts '09 rev target - Reuters

Reuters

Qualcomm takes large charge, cuts '09 rev target
Reuters - 1 hour ago
By Sinead Carew NEW YORK (Reuters) - Qualcomm Inc (QCOM.O) posted a lower quarterly net profit that was halved by a charge for investment losses and cut its full year revenue target on weak demand for cell phone chips, sending shares down 6 percent.
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Read more at: http://news.google.com/news/url?sa=T&ct=us/11-0&fd=R&url=http://uk.reuters.com/article/companyNewsMolt/idUKTRE50R7CN20090129&cid=1298281218&ei=izGBSYnpLdbemQeyk5yrAg&usg=AFQjCNFHdv6gkd6vzkzk3Zogfk7CvKx63g.
 
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