Qualcomm's back again with yet
another set of impressive numbers. For the second quarter of this fiscal year, the chip giant saw record earnings of $3.88 billion, up 46 percent from the same quarter in the previous year, and collected $999 million of sweet profit which is a 29 percent jump from last year. This is no doubt to do with the 70 percent increase in the MSM7000- and MSM8000-series Snapdragon shipments in this half of the fiscal year (compared to 2H 2010), and it should be noted that this quarter also saw the 100th
Snapdragon-powered device announced by a Qualcomm client. Additionally, EVP Steve Mollenkopf reassured us that the recent events in Japan won't have any significant impact on upcoming shipments, so the 30 Snapdragon tablets in the pipeline should arrive as scheduled. Excerpts from the financial report can be found after the break.
Continue reading Qualcomm reports record quarterly revenues, boasts 100th Snapdragon device
Qualcomm reports record quarterly revenues, boasts 100th Snapdragon device originally appeared on Engadget on Thu, 21 Apr 2011 04:50:00 EDT. Please see our terms for use of feeds.
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