QUALCOMM F1Q06 (Qtr Ending Dec 25, 2005) Earnings Conference Call Transcript (QCOM)

QUALCOMM Inc. (QCOM)
Q1 2006 Earnings Conference Call
January 25th 2006, 2:30 PM.

Executives:

Bill Davidson, VP, IR
Paul Jacobs, Chief Executive Officer
Steve Altman, President
Sanjay Jha, EVP, President, CDMA Technologies Group
Bill Keitel, EVP, Chief Financial Officer

Analysts:

Michael Ounjian, Credit Suisse First Boston
Ittai Kidron, CIBC
Christin Armacost, SG Cowen
Hasan Imam, Thomas Weisel Partners
Inder Singh, Prudential Securities
Mark McCatchney (ph), Twin Peaks Capital
Edward Snyder, Charter Equity Research
Tim Long, Banc of America Securities
Brian Modoff, Deutsche Bank
Paul Sagawa, Sanford C. Bernstein
Brantley Thompson, Goldman Sachs
John Bucher, Harris Nesbitt

Presentation

Operator

Thank you for standing by. Welcome to the QUALCOMM First Quarter Conference Call. At this time all participants are in a listen-only mode. Later we will conduct a question and answer session. If you have a question, you’ll need to press “*