Qualcomm Guides Higher; Shares Rise

Stock quotes in this article: QCOM , NOK , MOT , BRCM , TXN  

Qualcomm added that it estimates shipments in the quarter of approximately 107 million CDMA devices at an estimated average selling price of approximately $226 per unit, compared with its prior forecast of approximately 105 million to 109 million devices at an average selling price of approximately $223 per unit. Approximately 86 million CDMA devices were shipped in the year-ago quarter.

Among related stocks, Motorola (MOT Quote) was up 1.8%, Nokia (NOK Quote) was adding 2.1% and Broadcom (BRCM Quote) rose 2.7%. Meanwhile, Texas Instruments (TXN Quote) slid 0.3%.
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