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QUALCOMM RELEASES EXPANDED INCOME STATEMENT INFORMATION FOR FIRST QUARTER FISCAL 1993

 SAN DIEGO, Jan. 22 /PRNewswire/ -- As a supplement to its earnings release dated Jan. 18, 1993, QUALCOMM Inc. (NASDAQ-NMS: QCOM) today released expanded income statement information for the three months ended Dec. 27, 1992.
 QUALCOMM INC.
 Condensed Statement of Operations
 (In thousands, except per share data)
 (Unaudited)
 Three Months Ended
 Dec. 27, 1992 Dec. 29, 1991
 Revenues:
 Communications systems $24,937 $19,212
 License and development fees 987 3,061
 Contract services 4,094 2,834
 Total revenues 30,018 25,107
 Costs and expenses:
 Communications systems 16,910 13,517
 Contract costs 2,867 2,416
 Research and development 6,706 5,746
 Selling and marketing 3,023 2,340
 General and administrative 2,283 1,890
 Total operating expenses 31,789 25,909
 Operating loss (1,771) (802)
 Interest income 549 91
 Interest expense (324) (831)
 Loss before income tax expense and
 equity in losses of joint ventures (1,546) (1,542)
 Income tax expense (22) (123)
 Loss before equity in losses
 of joint ventures (1,568) (1,665)
 Equity in losses of joint ventures (49) ---
 Net loss (1,617) (1,665)
 Net loss per common share:
 Net loss ($0.08) ($0.10)
 Shares used in per share calculation 20,953 17,073
 Footnote: Certain prior period amounts have been reclassified to conform with the current quarter presentation.
 -0- 1/22/93
 /CONTACT: Adelia A. Coffman of QUALCOMM, 619-597-5146; or Chip Swearngan of McQuerter Group, 619-450-0030, for QUALCOMM/
 (QCOM)


CO: QUALCOMM Inc. ST: California IN: TLS SU: ERN

KJ-EH -- SD005 -- 8093 01/22/93 17:08 EST
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Date:Jan 22, 1993
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