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Post By sedna
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sedna
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Qualcomm forecasts bright future
The financial future for Qualcomm in 2019 is bright, according to a statement the company released today.
It estimates that its share profit will fall between $6.75 and $7.50 on revenues of $35 billion to $35 billion.
The forecast sent its share price up.
Qualcomm, as Fudzilla has reported before, is rejecting a hostile takeover bid from Broadcom and seems, so far to have fended off the unwanted advances.
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