0
Wireless

Qualcomm lowers outlook on order woes, competition in China

Thursday 29 January 2015 | 09:16 CET | News
Qualcomm said revenues for its fiscal first quarter to 28 December rose 7 percent from the year earlier to USD 7.1 billion, with the operating profit jumping 38 percent to USD 2.1 billion, the net profit going 7 percent higher to USD 2.0 billion and diluted earnings per share lifting 7 percent to USD 1.17. The operating cash flow was down 15 percent to USD 2.1 billion, and at the end of the quarter, the company had cash of USD 31.6 billion. MSM chip shipments rose 27 percent to 270 million units, while total reported device sales slipped 8 percent to USD 56.4 billion. CEO Steve Mollenkopf

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Qualcomm
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Qualcomm cuts outlook again as Snapdragon sales slow

Published 23 Apr 2015 08:10 CET | World
Qualcomm lowered its full-year outlook, citing a loss of customer share, particularly with one large customer, in the premium ...

Qualcomm shareholder pushes for company break-up

Published 13 Apr 2015 09:01 CET | World
Qualcomm is under pressure from activist investor Jana Partners to consider a breakup and other options to boost the chip maker's ...

Qualcomm fined CNY 6.1 bln in China competition case

Published 09 Feb 2015 22:26 CET | China
Qualcomm has agreed to pay a fine of CNY 6.088 billion (USD 975 million) in order to put an end to a competition investigation in ...

Qualcomm nears settlement in China competition case - report

Published 09 Feb 2015 15:13 CET | China
Qualcomm is likely to pay China a record fine of around USD 1 billion, ending a 14-month investigation into anti-competitive ...

Qualcomm verlaagt outlook op kwesties in China

Published 29 Jan 2015 10:04 CET | World
Qualcomm heeft de resultaten gepresenteerd voor het op 28 december afgesloten eerste kwartaal. De omzet groeide met 7 procent tot ...

Qualcomm to invest USD 40 mln in four Chinese startups

Published 12 Dec 2014 11:24 CET | China
Qualcomm has announced plans to invest USD 40 million into four Chinese startups and the China-focused Walden Venture Investments ...

Qualcomm sees growth slowing on China problems

Published 06 Nov 2014 08:15 CET | World
Qualcomm has warned for flat to lower earnings in its new fiscal year, as revenue growth slows due its licensing problems in ...





Calendar   /   Industry Events

28 Oct World Radiocommunication Conference
12 Nov Wi-Fi NOW International
13 Nov Sunrise Q3 2019
13 Nov Japan Display fiscal Q2
13 Nov Altice Europe Q3 2019
13 Nov TIP Summit
13 Nov Cable Congress
13 Nov 5G Expo North America
14 Nov Westell fiscal Q2
14 Nov Ice Group Q3 2019
14 Nov Cisco fiscal Q1
14 Nov Bouygues Telecom Q3 2019
14 Nov Nvidia Q3
14 Nov Weibo Q3 2019
14 Nov Bharti Airtel fiscal Q2
14 Nov TDC Q3 2019
14 Nov Vodafone Idea fiscal Q2
14 Nov Telechoice Q3 2019
18 Nov Bezeq Q3 2019
18 Nov CRU World Optical Fiber & Cable Conference
19 Nov Gilat Satellite Networks Q3 2019
19 Nov MTS Q3 2019
19 Nov Qualcomm analyst day
19 Nov Connections Europe
20 Nov Poly investors day
20 Nov Netgear analysts meeting
20 Nov Line developer day
20 Nov Sigfox Connect 2019
20 Nov NexTV Series Central Europe
::: More Calendar Items