Qualcomm 3Q profit rises 4 percent, revenue down (AP)

[Mgtrben news]

AP - Qualcomm Inc. said Wednesday that its fiscal third-quarter profit rose 4 percent and revenues fell less than analysts expected, allaying concerns among investors that the developer of wireless chips and technologies was failing to capitalize on consumers' appetites for smart phones.

Source (http://us.rd.*****.com/dailynews/rss/tech/*http://news.*****.com/s/ap/20100721/ap_on_hi_te/us_earns_qualcomm)