[Reuters] Qualcomm raises revenue forecast, EPS outlook falls short

Posted by: UGN Security

[Reuters] Qualcomm raises revenue forecast, EPS outlook falls short - 04/24/13 09:59 PM

SAN FRANCISCO (Reuters) - Leading cellphone chipmaker Qualcomm raised its full-year revenue forecast as demand for smartphones continues to grow, but its estimate for full-year earnings was shy of expectations and its shares fell sharply.