Qualcomm reported record revenues, earnings and chip shipment results for the first quarter of its 2012 fiscal year ending on 25 December 2011. The chipmaker reported revenue of US$4.68 billion – up 40 percent year-on-year – and net income of US$1.4 billion, up 20 percent year-on-year. It shipped 156 million chips, up 32 percent year-on-year and 23 percent sequentially. The company has also raised its revenue and earnings guidance due to the strong growth that its broad licensing partnerships and extensive chipset roadmap promises.
Qualcomm
Comments