Monday, October 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Strong iPhone, Mac And App Store Sales Drive Apple's Record September Quarter Revenue And Earnings
Apple iOS 8.1 Available For Download
E FUN To Relase $179 Windows tablet
Microsoft And Dell Puts Azure In A Box
TDK Brings Wireless Charging To Electric Cars
Intel To Work With AT&T To Research Software Defined Networking
Intel Meegopad T01 Is A Bay Trail PC On HDMI Stick
Biostar Relases New iDEQ-T1 Compact Desktop
Active Discussions
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
 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 buy Britain's CSR
ITC Opens Investigation Into Samsung Product Infringement of NVIDIA GPU Patents
Qualcomm Announces Vuforia for Digital Eyewear, LTE Broadcast SDK, Demos Upcoming 810 SoC
Qualcomm Unveils the Snapdragon 210 and 208 Processors
Europer To Probe Qualcomm: report
Qualcomm's Profit Hurt by Dispute Over China Royalties
Samsung To Manufacture Qualcomm's Mobile Application Processors
Qualcomm To Make Snapdragon chips In China
Qualcomm Acquires WiGig Leader Wilocity
Rambus Signs License Agreement with Qualcomm
Qualcomm Introduces Small Cell SoC For Access Points
Qualcomm Demonstrates Live LTE-TDD Broadcast In China

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .