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Qualcomm earnings beat diminished expectations, stock heads higher – MarketWatch

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Qualcomm earnings beat diminished expectations, stock heads higher – MarketWatch

Qualcomm Inc. beat diminished expectations with an earnings report released Wednesday afternoon, sending shares higher.
Qualcomm
QCOM, -0.97%
 reported fiscal fourth-quarter earnings of $506 million, or 42 cents a share, on sales of $4.81 billion, down fr…

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