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Qualcomm beats analyst’s Q3 earning estimates – in your face, Wall Street!

July 26, 2007 by Will Park - Leave a Comment

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Qualcomm logoAmid the lawsuits and trade-bans, the second largest chip-maker has posted Q3 earnings that beat out Wall Street’s estimates by 6% – with a 31% year-on-year sales growth. Qualcomm’s earnings are now in their 8th consecutive quarter of double-digit growth – fueled by increased demand for its chipsets and technology patents.

If these guys can post double-digit growth while locked-out of the US market, we don’t see an end to the whining fight between Qualcomm and Broadcom anytime soon.

[Via: Yahoo]

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