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Clouds Over Qualcomm

Stock quotes in this article: QCOM  

Updated from 4:25 p.m.

Qualcomm (QCOM Quote) offered investors a dash of mixed results for the fiscal first quarter ended last month.

The wireless tech titan posted a net income of $620 million, or 36 cents a share. Excluding one-time items, the adjusted profit for the fiscal first quarter was $663 million, or 39 cents a share, on $1.74 billion in revenue. ...

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