Qualcomm Reports Jump in First-Quarter Profit
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The chipmaker posted an 18 percent increase in fiscal first-quarter profit on strong demand for cell phones that surf the Internet and download music and video.
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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 said current-quarter earnings would fall short of the average Wall Street forecast.
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Oracle&#39;s stock price rose on Wednesday after the software maker reported that its first-quarter profit surged 16 percent compared to last year, reaching $509 million.
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Verizon Communications  said on Monday its quarterly profit rose and its wireless customer additions were ahead of analyst estimates.
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Wireless chip developer Qualcomm Inc.   on Wednesday reported a 15 percent rise in  third-quarter net profit, but shares fell more than 7 percent  after it forecast fourth-quarter revenue lower than some  analysts' estimates.
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HONG KONG China Unicom, the smaller of the nation&#39;s two mobile phone companies, said Thursday that first-half profit rose about 18 percent from a year earlier after buying networks from its parent.
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Qualcomm Inc.  shares  jumped more than 4 percent on Tuesday after China said it may  grant a license for a next-generation cellphone network that  would boost royalties to the wireless technology and chip  supplier.
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Apple reported a 57 percent jump in first-quarter profit, but it also gave a forecast that missed analysts' estimates, sending shares down.
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Qualcomm Inc  posted a  higher quarterly profit on Wednesday due to demand for its  mobile phone chips, and its shares rose 6.5 percent.
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Qualcomm Inc. on Friday raised its  quarterly profit forecast due to strong demand for its mobile  phone technology.
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Wireless technology company Qualcomm Inc. reported a larger fourth-quarter profit on Wednesday despite changing the way it accounts for royalties on licenses of its technology.
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Flextronics , the world's  largest contract electronics manufacturer, posted on Tuesday a  jump in quarterly profit from a year ago, when results were  weighed down by charges.
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Telecom Corp today reported its September first quarter net profit rose 19 per cent to $193 million. The profit bettered analysts&#39; average forecasts of $185m.
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China&#39;s largest cell phone service provider, China Mobile (Hong Kong) Ltd., reported a 7.8 percent jump in first-half profits Wednesday as its number of subscribers rose by 23 percent.
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Hewlett-Packard Co. delivered a fiscal first-quarter profit above analyst expectations and brightened its outlook for the rest of the year, providing a ray of high-tech hope amid the gathering economic gloom.
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Texas Instruments Inc. TXN.N,  the largest maker of chips for cellular phones, on Monday said  quarterly profit rose about 26 percent on demand from handset  makers even as it struggles with a nagging inventory problem.