Qualcomm profit falls, cuts '09 revenue target (Reuters)

[riky]

Qualcomm profit falls, cuts '09 revenue target
    (Reuters)

 

Reuters - Qualcomm Inc  on Wednesday posted a smaller quarterly net profit and cut its fiscal 2009 revenue outlook on weakening demand for wireless chips, citing slowing phone sales in the economic downturn, sending its shares down 2.6 percent


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