Qualcomm 1999 Annual Report Download - page 34

Download and view the complete annual report

Please find page 34 of the 1999 Qualcomm annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 68

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68

30
YEAR AT A GLANCE: A SUMMARY OF NEWS RELEASES
04.20.99
Second Quarter Earnings
•2nd quarter fiscal 1999 revenues:
$932M (up 23% over Q2 FY98)
•2nd quarter net loss: $43M
(down 264% from Q2 FY98)
•2nd quarter EPS: $.29 per share
loss compared with $.18 per
share (diluted) in Q2 FY98
Excluding Non-Recurring Charges:
•2nd quarter net income: $65M
(up 250% over Q2 FY98)
•2nd quarter EPS: $.41 per share
(diluted) (up 23% over Q2 FY98)
04.28.99
Better Trailer Tracking Solutions
QUALCOMM and ORBCOMM will offer
a comprehensive satellite-based
trailer tracking system.
05.06.99
More CabCARD Truck Fleets
Ohio-based Roberts Express plans
to offer CabCARD services to all of
its independent contractors.
05.11.99
$120M Phone Deal With US WEST
US WEST agrees to purchase CDMA
digital PCS phones, including the
new pdQ smartphone™ and Thin
Phone, for its CDMA network in 14
Western and Midwestern states.
Customers will have advanced
CDMA digital services, including
wireless Internet access.
05.19.99
High-Speed Packet Data To Asia
QUALCOMM’s innovative new
software solution facilitates High-
Speed Packet Data (HSPD) service in
Japan and Korea. It is the industry’s
only technology solution delivering
86.4 kbps data.
05.21.99
Thin Phone In Canada
Canada’s Clearnet Communications
chooses QUALCOMM’s new Thin
Phone for its pre-paid PCS offering.
05.24.99
3G Chipsets
QUALCOMM announces the first
3G CDMA chipset and system soft-
ware solution, the MSM5000™ and
CSM5000™. A single chip will handle
32 simultaneous calls. Initial data
rates of 153 kbps (increasing to
2 Mbps) will facilitate Internet-ready
consumer products over IS-95A/B
and cdma2000 networks.
Infrastructure Sale Completed,
Patent Disputes Settled
The sale of QUALCOMM’s terrestrial
CDMA wireless infrastructure busi-
ness to Ericsson closes. Patent
litigation is settled.
06.02.99
OmniTRACS In Tennessee
Nashville-based Star Transportation
replaces its communication system
with QUALCOMM’s OmniTRACS. It
orders 430 OmniTRACS units.
06.11.99
Chairman Honor
The Smithsonian recognizes
QUALCOMM Chairman and CEO Dr.
Irwin Mark Jacobs for his achieve-
ments in the application of information
technology to the benefit of society.
A record of his life and career is
included in the Smithsonian’s
National Museum of American
History.
06.14.99
Subscriber Equipment License
QUALCOMM grants Sierra Wireless a
royalty-bearing license for cdmaOne
and cdma2000 wireless applications,
including cellular, PCS and wireless
local loop.
06.15.99
Wireless Business Solution
724 Solutions, Inc. chooses the
pdQ smartphone as one of the key
platforms for its new wireless
financial services solution in market
trial by the Bank of Montreal and
Bell Mobility. The system enables
financial institutions to deliver per-
sonalized banking, brokerage and
information content on a variety of
Internet access devices.
07.12.99
S&P 500
QUALCOMM is added to the S&P
500 Index.
07.15.99
Lucent Emergency Caller Project
QUALCOMM and Lucent will jointly
develop technology that locates
wireless phone users in distress.