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Wednesday, Nov 7
2012, 4:29 PM
More on Qualcomm's FQ4: 141M MSM baseband chips shipped, only even with FQ3 and +11% Y/Y, but...
More on Qualcomm's FQ4: 141M MSM baseband chips shipped, only even with FQ3 and +11% Y/Y, but near high end of guidance range. ASP for royalty-bearing devices was $216-$222, below FQ3 but above year-ago period. 210M-214M royalty-bearing devices sold in June quarter, up from 187M-191M in year-ago period. MSM shipments expected to surge to 168M-178M in FQ1. 1B-1.07B device sales expected in CY13, up from CY12's 880M-930M. FY13 ASP forecast of $214-$226, roughly even with FY12. $841M in shares repurchased. R&D expenses +31% Y/Y. QCOM +7.5% AH. CC at 4:45PM ET (webcast). (slides) (PR)