Qualcomm Rides Smartphones Chip Surge To $59 Stock Price

Qualcomm recently announced quarterly earnings in which it revised its revenue outlook higher for 2011 due to healthy smartphone demand and revenue gains from the Atheros acquisition.

Source: http://blogs.forbes.com/greatspeculations/2011/07/22/qualcomm-rides-smartphones-chip-surge-to-59-stock-price/

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