Repeat Problem 2 using the data below for Qualcomm Inc. However, this time you should create a copy of your worksheet to use as a template. Replace the data for Chevron with that of Qualcomm.

a. Do you think that Qualcomm can maintain the current growth rates of sales and net income over the long run? Why or why not?
b. Which company was more profitable in 2010? Which was more profitable if you take a longer view? Would this affect your desire to invest in one company over the other?

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Fiscal Year Total Revenue 10,991 10,41611,142 8,871 7,5206 Net Income 2010 2009 2008 2007 2006 3,247 ,592 3.160 3,3032,470