All 1 min read

Qualcomm Hits Record Quarterly Revenues of $6.6 Billion

Qualcomm posted record quarterly revenue of $6.62 billion for its first quarter of fiscal 2014, up 10 percent year-over-year (y-o-y) and 2 percent sequentially.  Net income came in at $1.88 billion, down 2 percent y-o-y and up 25 percent sequentially.

“We are pleased with the start to our fiscal year, with record results in quarterly revenues, device sales reported by licensees and MSM chip shipments,” said Dr. Paul E. Jacobs, Chairman and CEO of Qualcomm. “Looking forward, we expect our performance to reflect the continued strong global growth of smartphones, our chipset leadership position and our competitive strengths in 3G/4G technologies and products.”

http://www.qualcomm.com

Share this article

Help others discover this reporting.

Explore More

From the Graveyard

You just read about Qualcomm. One of the companies whose work it now carries:

Alphawave Semi built SerDes, connectivity IP, chiplets and custom silicon. What became of it?

From the Technology Graveyard

You just read about All. A technology from the archive that helped get us here:

Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?

On this day

January 29

From 25 years of the Converge Digest archive.