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Qualcomm posts strong Q3, gives cautious outlook

Thursday 7 November 2013 | 08:40 CET | News
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Qualcomm reported another quarter of strong growth thanks to demand for its chips in smartphones. Revenues of USD 6.48 billion were up 33 percent year-over-year and 4 percent sequentially. Operating profit for its fiscal fourth quarter rose 29 percent from a year earlier to USD 1.59 billion, and net income for the three months to September increased 18 percent to USD 1.50 billion or 86 cents a share. After operating cash flow of USD 2.52 billion, the company finished the quarter with cash of USD 29.4 billion. Qualcomm said its MSM shipments rose 35 percent in the past quarter and 21 percent

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Categories: Mobile & Wireless
Companies: Qualcomm
Countries: World
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