Qualcomm Inc (QCOM)

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Inaudible Outlook Remarks From QUALCOMM's Second Quarter Fiscal 2004 Earnings Conference Call



SAN DIEGO, April 22 /PRNewswire/ -- QUALCOMM Incorporated(NASDAQ-NMS:QCOM) (Nasdaq: QCOM) hosted a conference call for its second quarter fiscal 2004 earnings on Wednesday, April 21, 2004. Due to technical difficulties, a portion of the remarks by Bill Keitel, QUALCOMM(NASDAQ-NMS:QCOM) EVP and chief financial officer, may have been inaudible. Specifically, when discussing the Company's financial outlook, the following statement may not have been clearly broadcast, "based on royalty reports from our licensees, worldwide CDMA handsets shipped in the December quarter were approximately 37 million units, well above our expectation at the outset of the quarter of 32 million units. We expect our licensees to report March shipments of approximately 37 million units."

A complete transcript of Mr. Keitel's remarks are posted at the following Web site http://www.qualcomm.com/IR/.

QUALCOMM Incorporated(NASDAQ-NMS:QCOM) (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. Headquartered in San Diego, Calif., QUALCOMM(NASDAQ-NMS:QCOM) is included in the S&P 500 Index and is a 2003 FORTUNE 500(R) company traded on The Nasdaq Stock Market(NASDAQ-OTCBB:NDAQ) (R) under the ticker symbol QCOM. The statement above, with respect to expected shipments, is forward looking and is subject to risks as outlined in our quarterly and annual report documents filed with the Securities and Exchange Commission.

For further information please contact Bill Davidson, Vice President, Investor Relations of QUALCOMM Incorporated(NASDAQ-NMS:QCOM) , [phone], or fax, [phone], [e-mail].

SOURCE QUALCOMM Incorporated(NASDAQ-NMS:QCOM)

-0- 04/22/2004 P
/CONTACT: Bill Davidson, Vice President, Investor Relations of QUALCOMM
Incorporated(NASDAQ-NMS:QCOM)
, [phone], or fax, [phone], [e-mail]/
/Web site: http://www.qualcomm.com /
/Web site: http://www.qualcomm.com/IR /
(QCOM)

CO: QUALCOMM Incorporated(NASDAQ-NMS:QCOM)

ST: California
IN: CPR TLS MLM ECP
SU: CCA MAV

MV
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3043 04/22/200418:00 EDThttp://www.prnewswire.com

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