Tuesday, March 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Says Android Lollipop Does Not Encrypt Data Due To Performance Issues
Apple To Release Fix For Freak Security Bug
Mozilla Brings Native Games to the Web
AMD Enters The Virtual Reality market With Liquid VR
SanDisk Creates New Storage Category With InfiniFlash All-Flash Storage System
HyperX Releases FURY And High-capacity Predator DDR4 Kits
ARM Announces Enlighten 3 Engine
Samsung Lost Top Position to Apple in Q4's Global Smartphone Market
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 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 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.
Qualcomm To buy Britain's CSR

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 .