Qualcomm 1999 Annual Report Download - page 35

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31
07.19.99
Third Quarter Earnings
•3rd quarter fiscal 1999 revenues:
$1B (up 15% over Q3 FY98)
•3rd quarter net income: $59M
(up 909% over Q3 FY98)
•3rd quarter EPS: $ 35 per share
(diluted) compared to $.04 per
share (diluted) in Q3 FY98
Excluding Non-Recurring Charges:
•3rd quarter net income: $135M
(up 445% over Q3 FY98)
•3rd quarter EPS: $.75 per share
(diluted)
07.20.99
More Powerful Voice Recognition
PureVoice VR 2.1 software enables
manufacturers to add powerful
speech capabilities to their CDMA
handsets in English, Japanese
and Korean.
$400M Phone Deal With Sprint
Sprint PCS purchases QUALCOMM’s
new Internet-capable Thin Phone
and pdQ smartphone for its national
network.
Enhanced Audio
PureVoice Audio AGC software for
the MSM3000 and MSM3100 enables
superior sounding handsets without
additional hardware.
07.21.99
Common Stock Offering
QUALCOMM places 6.9 million shares
of common stock in a public offering
at $156.50 per share. Net proceeds
are $1.079 billion.
08.02.99
High-Speed Data In Korea
QUALCOMM will join high-speed
data trials on KT Freetel’s advanced
CDMA network, the world’s first
IS-95B network.
08.18.99
1999 CIO-100 Award
CIO Magazine recognizes
QUALCOMM for operational and
strategic excellence.
08.24.99
South American Mobile Deal
QUALCOMM and AUTOTRAC Comércio
e Telecomunicacões S.A. of Brazil
will bring OmniTRACS to Argentina.
08.25.99
100 Fastest-Growing Companies
FORTUNE magazine names QUALCOMM
to the list of the 100 Fastest-Growing
Companies in America. Eligible
companies have a 30% annual
revenue and EPS growth rate.
09.14.99
Phone Business Transition
QUALCOMM announces that the
terrestrial phone business may
be transitioned.
pdQ suite Applications
The pdQ suite package offers
Palm Pilot users applications
that support e-mail control and
wireless Internet browsing.
09.16.99
CRST Buys 1,150 OmniTRACS
Iowa-based CRST replaces its
mobile communication system
with QUALCOMM’s OmniTRACS.
09. 21.99
MSM3000 Paves Way To Future
29 manufacturers are now designing
products based on QUALCOMM’s
MSM3000.
Voice Recognition Contracts
LG Information and Communications
and Acer Peripherals select PureVoice
VR for their CDMA wireless handsets.
09.22.99
Next Generation CDMA Chipsets
QUALCOMM ships samples of the 6th
generation MSM3100 CDMA chipset
and system software that supports
data rates up to 86.4 kbps.
pdQ smartphone to Israel
Israel’s Pele-phone Communications
buys QUALCOMM’s pdQ smartphones
for its national network.
New Mobile Station Modem Family
The iMSM product family promises
expanded data capabilities and very
advanced wireless Internet services.
World’s Smallest Satellite Phone
QUALCOMM’s tri-mode portable phone
provides access to the Globalstar
network, an advanced combination
of satellite and wireline technology,
and also accesses cellular networks.
New pdQ smartphone Application
WaveWare Communications chooses
the pdQ smartphone for its WaveSync
server, allowing Palm Computing
users to synchronize multiple
applications.
09.23.99
Lucent and QUALCOMM 3G Alliance
QUALCOMM will provide CSM5000
infrastructure chips and software for
Lucent’s CDMA base station equip-
ment. Technology being developed
by the two CDMA leaders is called
cdma2000 1X RTT, and is the first
phase of the industry approved
IS-2000 3G standard.