Qualcomm Profit Rises on Strong Demand
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Wireless technology company Qualcomm  Inc. QCOM.O on Wednesday reported a higher quarterly profit  on growing global demand for cellular networks using its  technology.
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SAN DIEGO -- Qualcomm Inc. boosted its earnings guidance for the first quarter and sees revenue at the high end of its prior estimate based on higher shipments of MSM phone chips.
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AT&T  posted a higher quarterly profit as strength in its wireless business offset weakness in traditional consumer services.
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Nextel Communications Inc., the sixth largest US mobile company, on Friday said its third-quarter profit rose amid strong customer growth and it raised its earnings forecast for the full year.
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General Electric Co  on Friday posted a profit that met expectations on strong demand for heavy equipment such as jet engines and electricity-producing turbines.
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Shares in LG Electronics Inc.  rose as much as 4.7 percent on Tuesday amid market speculation its operating profit margins in mobile phones are stronger than expected so far in the current quarter.
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Nextel Communications, the nation&#39;s fifth-largest wireless provider, said yesterday that its profit jumped 69 percent in the third quarter from the period last year.
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LG Electronics Inc., South Korea&#39;s second-largest electronics maker, reported third-quarter profit rose 36 percent, better than analysts expected, after selling a record number of mobile phones.
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its goal of 40 percent market share in handset sales. The companyâs stock soared.
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Robust demand for cheaper phones lifted third-quarter earnings and the better than expected results sent the companyâs shares sharply higher.
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NEW YORK/WASHINGTON  - Wireless chipmaker Qualcomm Inc.  on Thursday raised its estimates for the current quarter, but a new investigation related to a patent dispute showed it was still mired in legal woes.
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Wireless technology company Qualcomm Inc.  on Wednesday posted quarterly earnings that rose 46 percent on strong sales of cell phones using its chips, but said current-quarter earnings would fall short of the average Wall Street forecast.
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AT&T Inc.  on Tuesday posted  higher quarterly profit, bolstered by strong growth in wireless  and high-speed Internet services.
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Nextel Communications Inc., the sixth  largest U.S. mobile company, on Friday said its third-quarter  profit rose amid strong customer growth and it raised its  earnings forecast for the full year.
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Qualcomm Inc., a marketer of semiconductor technology and system software to equipment and cellphone makers, said Wednesday that fourth-quarter earnings rose on increased revenue.
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Shares in LG Electronics Inc. (066570.KS)  rose as much as 4.7 percent on Tuesday amid market speculation  its operating profit margins in mobile phones are stronger than  expected so far in the current quarter.
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Sprint Nextel Corp  on Wednesday posted a higher fourth-quarter profit as revenue rose despite weak customer growth.