COMUNICADO DE QUALCOMM INCORPORATED (10)

(Continuación)

(a) We effected a two-for-one stock split in August 2004. All

references to number of shares and per share amounts reflect the

stock split.

QUALCOMM Incorporated

Reconciliation of Pro Forma Results to GAAP Results

for 2004 Periods for Comparative Purposes

Six months Year ($ in millions, except Three months ended ended ended

per share data) June 27, March 28, March 28, September 26,

2004 2004 2004 2004

Prior Method of

Recording Royalties

Estimate of estimated

licensees for

prior period $237 $205 $151 $151

Royalties reported by

estimated licensees

for prior period 264 262 208 208

Prior period variance

included in

reporting period 27 57 57 57

Other royalties

reported in reporting

period 109 51 358 1,084

Estimate for estimated

licensees for

current period 253 237 237 --

Total QTL royalty

revenues from

external licensees 389 345 652 1,141

Intercompany revenue 33 30 62 132

License revenue 15 15 30 59

Total QTL revenue

using Prior Method $436 $390 $743

Total QTL revenue

including prospective

change to New Method

in Q4 '04 $1,331

New Method of

Recording Royalties

Total royalties

reported by external

licensees (a) $373 $313 $566 $1,292

Intercompany revenue 33 30 62 132

License revenue 15 15 30 59

Total QTL revenue

using New Method $420 $358 $658 $1,483

Difference between

the methods $16 $32 $85 $(151)

QTL earnings before

tax using Prior

Method $398 $362 $686 $1,195

Less: Difference

between the

royalty methods $16 $32 $85 $(151)

QTL earnings before

tax using

New Method $382 $330 $601 $1,346

Total QCOM revenues

as reported

under GAAP $1,341 $1,216 $2,422 $4,880

Less: Difference

between the

royalty methods 16 32 85 (151)

Total QCOM revenues

using New Method 1,325 1,184 2,337 5,031

Total QCOM revenues

and QCOM pro forma

revenues $1,325 $1,184 $2,337 $5,031

TOTAL QCOM earnings

from continuing

operations before

taxes as reported

under GAAP $668 $610 $1,213 $2,313

Less: earnings from

continuing operations

before taxes

attributed to

difference between

the royalty methods $16 $32 $85 $(151)

Total QCOM earnings

from continuing

operations before

taxes using

New Method $652 $578 $1,128 $2,464

Less: QSI earnings

from continuing

operations before

taxes (c) $(12) $(21) $(30) $(31)

QCOM pro forma earnings from

continuing operations

before taxes (c) $664 $599 $1,158 $2,495

TOTAL QCOM net income

as reported under GAAP $486 $488 $840 $1,720

Less: Net income

attributed to

difference between

the royalty methods (b) 10 20 52 (92)

Total QCOM net income

using New Method 476 468 788 1,812

Less: QSI net income

(loss) (c) (4) 40 (31) 12

QCOM pro forma net

income (c) $482 $428 $757 $1,800

QCOM diluted EPS as

reported under GAAP $0.29 $0.29 $0.51 $1.03

EPS attributed to

difference between

the royalty methods $0.01 $0.01 $0.03 $(0.06)

Total QCOM diluted EPS

using New Method $0.28 $0.28 $0.47 $1.08

EPS attributed

to QSI (c) $(0.00) $0.02 $(0.02) $0.01

QCOM pro forma

diluted EPS (c) $0.29 $0.26 $0.46 $1.07

Shares previously

used for diluted EPS 841 836 831 n/a

Adjusted for

stock split 1,682 1,672 1,663 1,675

(a) Represents royalty revenue that would have been reported during the

period if the "New Method" had been adopted retroactively. Does not represent royalty revenue that will be recognized under

GAAP due to the effect of the accounting change on these periods.

(b) QTL's rounded effective tax rate was 39% in fiscal 2004 .

(c) During the first quarter of 2005, the Company reorganized its

MediaFLO USA business into the QSI segment. The operating expenses

related to the MediaFLO USA business were included in reconciling

items through the end of fiscal 2004. Prior period segment information has been adjusted to conform to the new segment

presentation.

All EPS amounts have been adjusted to reflect the 2:1 stock split thatwas effected during the fourth quarter of fiscal 2004.

QTL revenues as reported under GAAP and using the New Method arepresented to illustrate the difference between the Prior Method used forroyalties prior to the fourth quarter of fiscal 2004 and the New Methodimplemented starting in the fourth quarter of fiscal 2004.

Sums may not equal totals due to rounding.

Source: QUALCOMM Incorporated

Contact: Bill Davidson, Vice President, Investor Relations of QUALCOMM Incorporated, +1-858-658-4813, or fax, +1-858-651-9303, ir@qualcomm.com /NOTE TO EDITORS: If you would like additional information on QUALCOMM, please view the QUALCOMM press room at http://www.qualcomm.com/press/index.html... .

(1022664)