Exhibit 99.1
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FOR IMMEDIATE RELEASE
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QUALCOMM |
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Contact: |
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John Gilbert |
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Vice President of Investor and Industry Analyst Relations |
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1-(858) 658-4813 (ph) 1-(858) 651-9303 (fax) |
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e-mail: ir@qualcomm.com |
Qualcomm Incorporated (Nasdaq: QCOM)
Rescheduled Time and Date for
Second Quarter Fiscal 2009 Earnings Release and Conference Call
April 22, 2009
Qualcomm has rescheduled its second quarter earnings call to Monday, April 27, 2009 at 5:00 a.m.
PT.
The Company is postponing its earnings release and call until Monday, April 27, 2009 due to
advanced settlement discussions with Broadcom regarding a global settlement of all disputes between
the parties which if reached, would have an impact on the Companys financial results for the
fiscal second quarter. No assurance can be given that the Company and Broadcom will be able to
reach agreement on the terms of a global settlement. Neither company will comment further at this
time.
Revenue and operating income for the second quarter of fiscal 2009, excluding the potential impact
of the Broadcom agreement, met or exceeded prior guidance. Further details on the Companys second
fiscal quarter results and full fiscal year guidance will be provided in the earnings release and
conference call.
Except for the impact of this agreement, the Company had completed all of its period ending
accounting processes and procedures necessary to report its second fiscal quarter results.
Qualcomm remains in its quiet period and Qualcomm Investor Relations representatives will not be
available to return phone calls until after the conclusion of the conference call. Questions
during the live call will be taken from investment professionals only.
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Qualcomm Second Quarter Fiscal 2009 Earnings Release
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The second quarter fiscal 2009 earnings release will be issued on Monday, April 27, 2009
at approximately 4:30 a.m. Pacific Time (PT). |
Qualcomm Conference Call
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Monday, April 27, 2009 from 5:00 a.m. to 6:00 a.m. PT. |
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Live web cast available on www.qualcomm.com. |
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Questions during the live call will be taken from investment professionals only. |
Rebroadcast of Conference Call
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Rebroadcast will be available on Qualcomms web site at www.qualcomm.com from April 27,
2009 beginning at approximately 9:00 a.m. PT through May 27, 2009 at 9:00 p.m. PT. |
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To hear the rebroadcast U.S. callers may dial (800) 642-1687 and international callers
may dial (706) 645-9291. |
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Please use reservation number 96824653. |
Financial and statistical information to be discussed in the conference call will be posted on
Qualcomms Investor Relations web site at www.qualcomm.com immediately prior to the commencement of
the conference call.
The conference call will include a discussion of non-GAAP (Generally Accepted Accounting
Principles) financial measures. Information reconciling these non-GAAP financial measures to
Qualcomms financial results prepared in accordance with GAAP will be posted on Qualcomms Investor
Relations web site at www.qualcomm.com immediately prior to the commencement of the conference
call.
Historical news releases and financial documents are available on the Companys web site at
www.qualcomm.com
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