Qualcomm posted slowing profits and revenues in its fiscal fourth quarter, and its outlook fell short of some analysts expectations. However, the company's stock rose slightly following the report, possibly reflecting investor relief over the chipmaker's expectations of growth in the coming year and the announcement of a new licensing deal with Samsung.

The chipmaker reported revenues in the quarter of $2.69 billion, down 19 percent year-over-year and 2 percent sequentially. The company's net income clocked in at $803 million, down 9 percent year-over-year and up 9 percent sequentially.

Interestingly, Qualcomm's figures were buffeted but a number of high-profile expenses and transactions:

• The company recorded a $230 million charge in the quarter related to an "estimated fine expected to be levied by the Korea Fair Trade Commission."


• The company's 2009 results included a $783 million charge due to Qualcomm's settlement with rival Broadcom.


• The company's expenses were offset by $560 million in revenues in the quarter from Nokia, which Qualcomm inked a settlement wit