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Qualcomm (QCOM) discloses on its FQ1 call CFO William Keitel is retiring, effecting March 11....
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Wednesday, January 30, 5:42 PM ETQualcomm (QCOM) discloses on its FQ1 call CFO William Keitel is retiring, effecting March 11. He's being replaced by Applied Materials (AMAT) CFO George Davis. AMAT says it's looking for a successor. QCOM +6.7% AH thanks to an FQ1 beat fueled by stronger-than-expected baseband chip and (royalty-bearing) 3G/4G device sales, and solid FQ2/FY13 guidance. In its slide deck (.pdf), Qualcomm notes 2012 device sales beat prior guidance in all regions except North America. Cash/equivalents stand at $28.4B ($18.3B offshore).
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