Saturday, July 30, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Alphabet Posts Strong Revenue on Video Market
Games Outweigh Sagging Sensors For Sony
Microsoft To Further Cut Jobs Towards The Final Exit From Phone Business
AMD Radeon RX 470 And RX 460 Are Shipping in Early August
Worldwide Smartphone Volumes Relatively Flat in Q2 2016
Oracle to Buy NetSuite for $9.3 Billion
Samsung and Nestle Collaborate on the Internet of Things and Nutrition
Home Appliance and Home Entertainment Units Help LG's Quarterly Profits
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 Faces Record Fine In South Korea
Snapdragon 821 In Qualcomm's Fastest Mobile Processor
Qualcomm Files Additional Complaints in China Against Meizu
Qualcomm Snapdragon 600 and 800 Procesors To Support Google Tango Augmented Reality Technology
Qualcomm Announces 5G NR sub-6 GHz System and Trial Platform
Qualcomm Files Complaint Against Meizu
Computex: Qualcomm Debuts The Snapdragon Wear 1100 Processor for Wearables
Qualcomm To Make Mobiles Smarter With New Snapdragon Machine Learning SDK
Qualcomm Introduces Virtual Reality Software Development Kit
Qualcomm Slammed With $7.5 million Fine By U.S. Securities and Exchange Commission
Qualcomm and Lenovo Sign 3G/4G China Patent License Agreement
Qualcomm Announces Three New Snapdragon Processors, Wear Platform And First Gigabit Class LTE Modem

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .