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Qualcomm Tops Estimates

Qualcomm on Wednesday reported earnings and revenue that topped analyst expectations amid a stronger-than-expected quarter for its chip business. However, shares of Qualcomm dropped in after-hours trading as the chipmaker warned that its sales and earnings for the current quarter will be significantly below last year. http://recode.net/2015/11/04/qualcomm-tops-estimates-on-strong-chip-sales-but-forecast-weak/ #tech

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