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
Feature
May 17th, 2024
New release roundup: The best new mobile games from a battle royale to a console classic remake
Feature
May 16th, 2024
Behind the scenes: How adding sandwich offers to an idle merge game boosted three metrics at once
Events
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
Morocco Gaming Expo | Africa | May 24th |
MomoCon 2024 | North America | May 24th |
Unreal Fest Gold Coast 2024 | Australasia | May 29th |
Popular Stories
Feature
May 14th, 2024
53 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Feature
May 13th, 2024
Hot Five: Dubai's new Gaming Visa, April's mobile game charts, and Xbox studio closures
Interview
May 13th, 2024