Chipset IP company Qualcomm (NASDAQ: QCOM) has announced its Q1 FY2012 results for the 3 months ending 25 December 2011.
Revenues were $4.68 billion, up 40 percent year-on-year.
Net income was $1.4 billion, up 20 percent.
Operating cash flow was $1.78 billion, up 38 percent.
Big bang
During Q1, the company shipped 156 million chips, up 32 percent year-on-year.
"I am pleased to report another record quarter with revenues, earnings and MSM shipments reaching all-time highs, driven by our industry-leading chipset portfolio and the continued strong demand for smartphones around the world," said Paul Jacobs, Qualcomm's chairman and CEO.
"We are raising our revenue and earnings guidance as our broad licensing partnerships and extensive chipset roadmap, led by our integrated Snapdragon processors, position us well for strong growth in fiscal 2012."
The company ended the quarter with cash, cash equivalents and marketable securities of $22 billion, compared to $20.9 billion three months ago.
During the quarter, Qualcomm paid out $362 million to shareholders as a dividend ($0.215 per share) and spent $99 million repurchasing 2 million shares.
[source: Qualcomm PDF]
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Related Articles
News
Feb 26th, 2024
"The future of generative AI is hybrid": Qualcomm brings on-device AI to next-gen mobiles
as
News
Apr 25th, 2023
Snapdragon Pro Series partners with Activision to bring Call of Duty: Mobile to Mobile Masters
Top Stories
News
1 hour, 52 minutes ago
App Store developers can start nominating their games for featuring later this year
News
3 hours, 7 minutes ago
Apple joins generative AI revolution with Apple Intelligence and ChatGPT support
News
8 hours, 5 minutes ago
Royal Match takes a sweet lead over Candy Crush as Honkai: Star Rail zooms by Genshin Impact
News
10 hours, 7 minutes ago
Devsisters’ Chris O’Kelly talks upselling IP to fans across multiple games without cannibalization
Feature
Jun 10th, 2024
Hot Five: Squad Busters’ supercharged launch, Pokémon’s record revenue, and Star Wars: Hunters finally hits the target
Events
Tribeca Games Festival 2024 | North America | Jun 5th |
Steam Next Fest: June 2024 Edition | Jun 10th | |
WN Conference Istanbul 2024 | Jun 11th | |
GamesForum Hamburg 2024 | Europe | Jun 11th |
ESI London 2024 | Europe | Jun 13th |
Game Con Canada (GCC) 2024 | North America | Jun 14th |
Indie Dev Play 2024 | Europe | Jun 14th |
DevGAMM Vilnius 2024 | Europe | Jun 14th |