Qualcomm Returns to Fourth-Quarter Profit
Qualcomm reported net income of $1.25 billion, or $1.17 per share, versus a net loss of $3.12 billion, or $2.89 per share, a year earlier.
SAN DIEGO (dpa-AFX) - Semiconductor giant Qualcomm Incorporated (QCOM) on Wednesday reported a return to fourth-quarter profit, compared with a year-ago loss.Fourth-quarter net income was $1.25 billion, or $1.17 per share, compared with a net loss of $3.12 billion, or $2.89 per share, in the prior…