Smartphone chip company Qualcomm Inc. is flying high today, its stock up more than 12% after posting fourth-quarter financial results that sailed past Wall Street’s expectations. The company reported a profit before certain costs such as stock compensation of $1.45 per share on revenue of $6.5 billion, up 35% from the same quarter a year ago. …
The post Qualcomm’s stock jumps on sales and earnings beat appeared first on World Consulting Group.