Qualcomm shares were up more than 6 percent after it said it would post new revenue and earnings growth as demand for its chips accelerate. Apple's iPhone 4 on Verizon, as well as the next generation of iPhone and iPad, are all expected to use Qualcomm's baseband chips.
Source: http://feeds.appleinsider.com/click.phdo?i=923418ab11d9e5dfa91ddf965f5cf362
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