More on Qualcomm's FQ1: Shipped 156M MSM baseband chips, up 32% Y/Y. Expects 146M-154M MSM...

|About: Qualcomm Inc. (QCOM)|By:, SA News Editor

More on Qualcomm's FQ1: Shipped 156M MSM baseband chips, up 32% Y/Y. Expects 146M-154M MSM shipments in FQ2, up 24-31% Y/Y. Collected royalties on 191M-195M devices at ASP of $212-$218, up from FQ4's $204-$210 thanks to strong smartphone sales. Sees FY12 device ASP of $204-$216. Ended quarter with $22B in cash and investments. QCOM +4.7% AH. (PR)