Microsoft Corp. (NASDAQ:MSFT): ComScore released data from the comScore MobiLens service, reporting key trends in the U.S. mobile phone industry during the three month average period ending December 2011. Device manufacturer Samsung ranked as the top OEM with 25.3% of U.S. mobile subscribers, followed by LG with 20% share and Motorola (NYSE:MOT) with 13.3% share. Apple (NASDAQ:AAPL) continued to gain ground in the OEM market with 12.4% share of total mobile subscribers, while RIM (NASDAQ:RIMM) rounded out the top five with 6.7% share. Google (NASDAQ:GOOG) Android ranked as the top smartphone platform with 47.3% market share, up 2.5 percentage points from September. Apple (NASDAQ:AAPL) maintained its #2 position, growing 2.2 percentage points to 29.6% of the smartphone market. RIM ranked third with 16 percent share, followed by Microsoft (NASDAQ:MSFT) at 4.7% and Symbian at 1.4%. The shares closed at $29.95, up $0.06 or 0.2% on the day. They have traded in a 52-week range of $23.65 to $30.05.

Gilead Sciences (NASDAQ:GILD): Sees FY12 non-GAAP SG&A expenses $1.225B-$1.3B. Sees FY12 effective tax rate 26%-28%. Anticipates the full-year 2012 diluted EPS impact of acquisitions, restructuring, and stock-based compensation-related expenses to be in the range of 31c-34c per share. Guidance is inclusive of the Pharmasset acquisition. The shares closed at $49.31, up $0.16 or 0.33% on the day. They have traded in a 52-week range of $34.45 to $49.40.

Intuitive Surgical (NASDAQ:ISRG): The FDA and representatives from the medical device industry have reached an agreement in principle on proposed recommendations for the third reauthorization of a medical device user fee program. The recommendations would authorize the FDA to collect $595M in user fees over five years, plus adjustments for inflation. Details of the agreement, such as the fee structure, are expected to be finalized soon. The shares closed at $483.00, up $20.06 or 4.33% on the day. They have traded in a 52-week range of $315.01 to $476.49.

Qualcomm Inc. (NASDAQ:QCOM): Qualcomm (NASDAQ:QCOM) announced that the company, working with Ericsson (NASDAQ:ERIC), has successfully completed the first voice call handover from an LTE mobile network to a WCDMA network using Single Radio Voice Call Continuity, or SRVCC. An important technology required for voice-over-LTE, or VoLTE, support, SRVCC is a 3GPP specified feature that enables continuity of service by seamlessly switching to a WCDMA network when a consumer on a VoLTE call leaves the LTE network’s coverage area. This milestone occurred on Dec. 23, 2011 with an Ericsson network using a handset which incorporated Qualcomm’s Snapdragon S4 MSM8960 3G/LTE multimode processor. A demonstration will be available at Qualcomm’s booth at Mobile World Congress in Barcelona, Spain Feb. 27 March 1. The shares closed at $60.73, up $1.17 or 1.96% on the day. They have traded in a 52-week range of $45.98 to $59.84.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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