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Penny Stock DD

Financials:

QUALCOMM, Inc. (NASDAQ:QCOM) generated the total revenue of $4.11 billion for the quarter ended September 25th, 2011 as compared to revenue of $2.95 billion for the same period last year. The company reported the net profit of $1.05 billion or earnings of $0.63 per share for the respective quarter as compared to net income of $865 million or earnings of $0.59 per share last year.

The company’s total assets accumulate up to $36.42 billion out of which fixed assets have the highest proportion. The company maintains a strong short term liquidity position as per its current ratio of 2.70 times.

Read more……….

Regards,

Don

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