Qualcomm posts quarterly profit
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Wireless technology and chip  supplier Qualcomm Inc  on Wednesday posted a higher  profit for its fiscal first quarter as revenue rose on strong  demand for its mobile phone chips.
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Verizon Communications Inc. VZ.N,  the nation's largest telecommunications company, on Thursday  posted a quarterly profit on asset sales and strong demand at  its Verizon Wireless unit.
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Qualcomm (QCOM:Nasdaq - news - research) raised its current-quarter earnings estimate but saw its shares tank because of uncertainty about the accounting for its huge royalty franchise.
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Hewlett-Packard Co. (HPQ.N: Quote, Profile, Research) on Tuesday posted a quarterly profit that topped its own diminished expectations as the computer and printer maker said it had
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its long-term goal of 40 percent market share in handset sales. The companyâs stock soared.
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AT&T Inc  on Thursday posted a  higher quarterly profit as strength in its wireless business  offset weakness in traditional consumer services.
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Qualcomm posted a profit of $767 million, or 46 cents a share, for the period that ended Dec. 30, compared with $648 million, or 38 cents a share, in the year-ago quarter.
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Texas Instruments Inc posted a 10  percent rise in quarterly profit on Monday, but gave a  disappointing revenue forecast due to the loss of some business  at customer Ericsson, sending its shares down as much as 4  percent.
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The company said quarterly profit rose to $494 million despite a slowing U.S. economy, but it lowered its full-year earnings outlook.
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Samsung Electronics Co. Ltd.'s quarterly  profit jumped 46 percent from a year ago on strong memory chip  earnings, but fell from the previous quarter on sinking prices  of flat screens for TV and computers.
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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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Wireless technology company Qualcomm Inc.  on Wednesday posted quarterly earnings that rose 46 percent on strong sales of cell phones using its chips, but it said current-quarter earnings would fall short of the average Wall Street forecast.
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U.S. phone company Qwest Communications International Inc  on Tuesday reported an 89 percent rise in fourth-quarter profit, boosted by a benefit related to income tax.
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Sprint Nextel Corp  on Wednesday posted a higher fourth-quarter profit as revenue rose despite weak customer growth.
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Phone company Qwest Communications International Inc  said on Tuesday its third-quarter profit rose, helped by a tax benefit and cost cuts.
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U.S. phone company Qwest  Communications International Inc  on Tuesday reported an  89 percent rise in fourth-quarter profit, boosted by a benefit  related to income tax.
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PalmOne Inc. PLMO.O on Monday swung  to a quarterly profit from a year-earlier loss on a 62 percent  jump in revenue, spurred by solid sales of its Treo 600 mobile  phone and other handheld digital devices.