Qualcomm reported revenue of $5.5 billion for its fiscal fourth quarter, down 18% from the same period last year. Net income was $1.1B, down 44% from a year earlier.
MSM shipments for quarter were 203 million, down 14% from 236 million in Q4 2014.
“Our fiscal fourth quarter revenues and EPS were at the high end of our expectations, with stronger-than expected MSM chipset shipments offsetting slower than expected progress concluding new license agreements in China. We executed a major increase in our capital return program in fiscal 2015, returning a record $14 billion of capital to stockholders,” said Steve Mollenkopf, CEO of Qualcomm Incorporated. “We are encouraged by customer reaction to our flagship Snapdragon 820, are on track to deliver on our fiscal 2016 cost reduction targets and expect to exit fiscal 2016 on an improving financial trajectory.”
Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
You just read about Qualcomm. One of the companies whose work it now carries:
Cambridge Silicon Radio (CSR) built Bluetooth, Wi-Fi, audio and location semiconductors. What became of it?
Cambridge Silicon Radio (CSR) brought Bluetooth, Wi-Fi, audio and location semiconductors to Semiconductor. That work was distinctive enough to lead to its acquisition by Qualcomm for US$2.5B. The standalone name now passes into the archive — but the team and technology continue inside Qualcomm today. One of 430 names here whose work outlived the company.
You just read about LTE. Here is what it replaced:
WiBro served 2006–2018. What ultimately replaced it?
WiBro korea's deployment of mobile WiMAX (IEEE 802.16e) - an early, genuinely leading mobile-broadband network years before LTE was widespread. Its job passed to LTE — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.
