Apple (AAPL) Chip supplier Qualcomm (QCOM) reported 4th quarter revenues and earnings that beat analyst expectations, but gave guidance that failed to impress them. The company reported sales of $5.5 billion, and earnings per share of 91 cents. Analysts expected 86 cents EPS and $5.21 billion in revenues, so the reported numbers were better, but for the coming 1st quarter expects to take in $5.2 billion to $6 billion in revenue, and earn 80-90 cents per share. If guidance is accurante, then revenues would have fallen 15-27% vs. the year-earlier quarter, and earnings would be down 37% on the average of last year's numbers. Qualcomm is getting hit after hours, down $3.21 to $57.05. Apple closed down 57 cents to $122.00 per share.