Feeds

Qualcomm sees Q1 profit soar

But a well stuffed channel could clip its wings

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Wireless technology developer – and one-time handset maker – Qualcomm, has posted Q1 results that pipped analysts' expectations at the post. Turnover for the three months ended 26 December 1999 was up 19 per cent to £1.1 billion, from $941 million in the same period last year. Profit stood at $192 million, which equates to 25 cents per share – just ahead of the 24 cents per share that had been expected. This compares with $49 million – eight cents per share - for the last Q1. After unloading its handset division to Kyocera over the New Year, Qualcomm will be focusing on CMDA development, a market expected to balloon with the take-up of next-generation mobile devices. Shipments could suffer in Q2 though, as company hinted that the phone channel is full to bursting with product. According to Reuters, the outlook for Q2 is likely to hit the 25 cent per share earnings mark predicted by analysts. ® See also: Kyocera buys Qualcomm Terrestrial

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
HBO shocks US pay TV world: We're down with OTT. Netflix says, 'Gee'
This affects every broadcaster, every cable guy
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
America's super-secret X-37B plane returns to Earth after nearly TWO YEARS aloft
674 days in space for US Air Force's mystery orbital vehicle
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.