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Qualcomm Inc. wrapped a fiscal year that saw profit and sales spike to records with an earnings beat Wednesday and a prediction of more growth to come.
Qualcomm QCOM reported fiscal fourth-quarter earnings of $2.8 billion, or $2.45 a share, on sales of $9.34 billion, up from $6.5 billion a year ago. After adjusting for share-based compensation and other items, the chip maker reported earnings of $2.55 a share, up from $1.45 a share a year ago.
Analysts…
