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Press Release

Qualcomm Announces Financial Guidance for the Fourth Fiscal Quarter

Qualcomm Incorporated (Nasdaq: QCOM) today announced its financial guidance for the fourth fiscal quarter and fiscal year ending September 28, 2008. The following statements are forward looking and actual results may differ materially. Please see "Note Regarding Forward-Looking Statements" at the end of this news release for a description of certain risk factors and Qualcomm's annual and quarterly reports on file with the Securities and Exchange Commission (SEC) for a more complete description of risks that may affect the forward-looking statements.

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