The same Qualcomm that made the Snapdragon CPU for high-end smartphones has now announced it's Q1 2012 earnings. The company pulled $4.68 billion in revenue which is a 40 percent increase from last time. Also the profits were up by 20 percent totaling $1.4 billion. The biggest cause for these high numbers were it's MSM chips that shipped 156 million units -- 23 percent more than last year. Well we all know what's going to happen next --- a certain amount of swimming in green paper.
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