QUALCOMM Inc. F3Q08 (Qtr End 07/24/08) Earnings Call Transcript

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2008-07-24 10:56:09.0

Tags: Qualcomm Inc.

Earnings Call Excerpt

QUALCOMM Inc. (QCOM)

F3Q08 (Qtr End 07/29/08) Earnings Call

July 24, 2008 8:00 am ET

Executives

John Gilbert - VP, Investor and Industry Analyst Relations

Paul Jacobs - CEO

Steven Altman - President

Sanjay Jha - COO

Bill Keitel - EVP and CFO

Analysts

Brian Modoff - Deutsche Bank

Mike Walkley - Piper Jaffray

Tim Luke - Lehman Brothers

Tal Liani - Merrill Lynch

Tim Long - Banc of America

Dona Jackson - Goldman Sachs

Ehud Gelblum - JPMorgan

Glenn Young - Citigroup

Mark Mckechnie - American Technology

James Faucette - Pacific Crest

Kulbinder Garcha - Credit Suisse

Richard Windsor - Nomura

Brett Simpson - Arete

Maynard Um - UBS

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the QUALCOMM third quarter fiscal 2008 conference call. At this time all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. (Operator Instructions). As a reminder this conference is being recorded July 24, 2008. The playback number for today's call is 1-800-642-1687, international callers please dial 1-706-645-9291. The playback reservation number is 57610454.

I would now like to turn the call over to Mr. John Gilbert, Vice President of Investor and Industry Analyst Relations.

Mr. Gilbert, please go ahead sir.

John Gilbert

Thank you and good morning. Today's call will include prepared remarks by Dr. Paul Jacobs, Steve Altman, Dr. Sanjay Jha and Bill Keitel. Don Rosenberg will also join the question-and-answer session. Due to previously scheduled business travels several of our executives are offsite and will be dialing in today's call.

An internet presentation and audio broadcast accompanies this call and you can access it by visiting www.qualcomm.com. During this conference call, if we use any non-GAAP financial measures as defined by the SEC and Regulation G, you can find the required reconciliations to GAAP on our website.

I would also direct you to our earnings release which was provided yesterday and furnished with the SEC today, as well as our guidance announcement released this morning, both of which are available on our website.

We may make forward-looking statements relating to our expectations and other future events that may differ materially from QUALCOMM 's actual results. Please review our SEC filings for a detailed presentation of each of our businesses and associated risks and other important factors that may cause our actual results to differ from these forward-looking statements.

And now it is my pleasure to introduce QUALCOMM 's CEO, Dr. Paul Jacobs.

 

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