Qualcomm Sees Growth Ahead

Thanks to rising sales of WCDMA handsets, Qualcomm said that it expects its like-for-like revenues to rise between 2% and 10% year-on-year to between 2.55 billion and 2.75 billion US dollars in the quarter ending December 27. The chip company's revenues fell 19% year-on-year in the quarter ending September 27th to 2.69 billion dollars.

For the year ending September 2010, Qualcomm expects revenues to rise between 1% and 9% to between 10.5 billion and 11.3 billion dollars. source: Qualcomm statement