Qualcomm stock tumbles on cautious forecast (AP)

In this photo made Jan. 9, 2010, the Qualcomm logo is seen at an exhibit at the Consumer Electronics Show in Las Vegas. Qualcomm releases quarterly financial results at the close of the market Wednesday, Jan. 27, 2010. (AP Photo/Paul Sakuma)AP – Qualcomm Inc., whose chips and other technologies are used in vast numbers of cell phones, sounded a cautious note on the economy on Wednesday, saying a “subdued” recovery forced it to slightly dial back expectations for 2010.



Go to Source

Leave a comment

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Your email is never shared. Required fields are marked *

Comment moderation is enabled. Your comment may take some time to appear.