SAN DIEGO (AP) - Chip maker Qualcomm says its fiscal first-quarter income plunged 56%, as it slashed its forecasts for revenue and operating income.
The company says the global economic slowdown and financial crisis has slowed demand for its chips that run many of the world's mobile phones. It says its financial investments have also taken a significant hit.
The San Diego-based company lowered its estimate for 2009 operating income to a range between $2.2 billion and $2.5 billion, from a range between $2.6 billion and $2.8 billion.
It now expects 2009 revenue between $9.3 billion and $9.8 billion, down from its previous estimate of between $10.2 billion and $10.8 billion, and below an estimate of $10.23 billion among analysts polled by Thomson Reuters.
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A fire that charred a garage, a fence and a little more than five acres of brush in Escondido was sparked by someone using a hand grinder on a vehicle near dry grass, authorities said.
Dense fog blanketed San Diego County Monday during the early morning hours. The sun was expected to break through between 8:00 a.m. and 9:00 a.m.
Highway 94 between Jamul and Dulzura was opened Sunday as firefighters continued for a second day to battle a fast-moving, 1,500 acre brush fire in the East County back country.
A dolphin headed toward the shore in La Jolla this week received some help from a few bystanders – and a paddleboarder captured footage.
Three motorists were arrested for drunken driving and one was arrested for possession of drug paraphernalia at a checkpoint in Chula Vista that ended Sunday, according to police.
City leaders were feeling the burn Saturday near Lindbergh Field. They suited up to take part in firefighter training drills.
Girl Scouts celebrated 100 years in San Diego Saturday, with a unique bridging ceremony held on the Cabrillo Bridge in Balboa Park.
A combative suspect who got into an altercation with sheriff's deputies Saturday morning and was tazed twice became unresponsive while being treated by paramedics at the scene and later died at a hospital, according to detectives.
A San Diego man pleaded guilty in federal court to stealing nearly $272,000 in Social Security benefits intended for his father, who died in 1997.