Wednesday, April 01, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook User Tracking Violates EU Law, Research Says
Google Releases Cheaper Chromebooks
Intel Releases New Braswell SoCs
WD's My Passport X Delivers 2 TB of Storage for Xbox One and PC Gamers
Google To Use SSDs From Samsung: report
Microsoft Introduces The Surface 3
Samsung Now Offers New Lineup of 3-bit V-NAND Based 850 EVO SSDs for Ultrathin PCs
Samsung, LG End Legal Disputes
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > General Computing > Qualcom...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, January 30, 2014
Qualcomm Reports First-Quarter Profit


Qualcomm reported high fiscal first-quarter profit and said 2014 was playing out as expected.

Profit excluding some costs in the quarter that ended Dec. 29 was $1.26 a share, the company said yesterday in a statement. Sales climbed 10 percent to $6.62 billion. The company also boosted its annual profit forecast.

Qualcomm is benefiting as more consumers worldwide choose phones that use its technology to connect to LTE high-speed data networks, boosting its license revenue and chip sales.

Qualcomm predicted that emerging markets would grow about 20 percent compared with a gain of about 6 percent in developed regions.

The company may be able to exceed its sales forecast for the year if the rollout of LTE in China proceeds quickly, Chief Financial Officer George Davis said on a conference call with analysts.

The chipmaker gets the majority of its sales from processors and chips used to run software in handsets. The bulk of its profits come from licensing its code-division multiple-access technology.

Commenting on an antitrust investigation into the chipmaker by China's National Development and Reform Commission (NDRC), Chief Operating Officer Steve Mollenkopf said Qualcomm was cooperating but declined to comment further on the investigation, which could potentially lead to a record fine exceeding $1 billion.




Previous
Next
Facebook Announces Paper News App For iOS        All News        Intel Closes Its App Store
Facebook Announces Paper News App For iOS     General Computing News      Facebook Reports Strong Q4 Revenue

Get RSS feed Easy Print E-Mail this Message

Related News
Qualcomm To Release New Snapdragon Development Board With Wireless Capabilities
Qualcomm Previews The Next-Generation of Snapdragon Processor At MWC 2015
Qualcomm Extends LTE to Unlicensed Spectrum to Enhance Mobile Experiences
New Qualcomm Snapdragon 600 and 400 Tier Processors Bring High-end Features To Mid-range Smartphones
Chinese Antirust Authorities Fined Qualcomm
Qualcomm Cuts Fiscal 2015 Outlook On Lower Chip Demand
Qualcomm to Redesign Snapdragon 810 To Cope With Overheating Issues: reports
Samsung Drops Qualcomm 810 Processors in next Galaxy S Due To Overheating: report
Qualcomm To Deliver Wi-Fi Based Smart Lighting Platform
Qualcomm To Invest On Silicon Image's Subsidiary
Qualcomm Delivers 802.11ac Wi-Fi with MU-MIMO to Address Enterprise Network Challenges
Qualcomm Faces Antitrust Probes in China, Europe And The U.S.

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .