Snapdragon maker Qualcomm scores a record quarter

Snapdragon maker Qualcomm scores a record quarter
It's been yet another record-breaking quarter for Qualcomm - probably the most successful mobile chipset manufacturer currently. For its 4th fiscal quarter, the maker of Snapdragon managed to secure revenue of $4.87 billion, which is a healthy 18% increase compared to the same period of last year. The increase of net income stands even better at 20% year-on-year, resulting in the sweet $1.27 billion. Not bad for a chip maker.

At the same time, the company has also released its results for its fiscal 2012, and those are just as bright. Revenues have risen by 28% and now stand at $19.12 billion, while net income is up the spectacular 43%, which translates into $6.11 billion.

If you'd like to learn more details about where exactly Qualcomm stays financially, feel free to check out the full report here.

source: Qualcomm via AndroidCentral

Recommended Stories

Loading Comments...
FCC OKs Cingular\'s purchase of AT&T Wireless