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27th April 2018, 14:26 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,462
| Qualcomm generated $5.3 billion revenue in Q2 18 To improve performance in fiscal 2019 Qualcomm has released its financial results for the second quarter of 2018 and the company generated $5.3 billion, a five percent year over year positive change. The operating and net income at $0.4 billion was down from $0.7 billion a year before. Earnings per share was $0.24 down from $0.5 a year before. The numbers are significantly different as the second quarter of fiscal 2017 results included approximately $970 million in QTL revenues for royalties on sales of Apple or the other licensees products. Qualcomm expects to see this money at some point, and it is fighting Apple in court for it. This is the downside of the second quarter 2018 when you only look at the numbers, but, on the bright side, the company is shipping millions of Snapdragon 845 to key customers. In the same quarter it started shipping the first wave of Windows on Snapdragon 835 machines and announced the word’s first 2 Gbps modem. Transformation for a good fiscal 2019 Qualcomm demonstrated the 5G NR with speeds faster than 4.5 Gbps while other competitors including Huawei and Intel didn’t want to reveal much about their plans. Huawei and Intel might both be at least one or more quarters behind Qualcomm when it comes to 5G NR in phone form factor. NXP remains a hot topic. The fact that NXP extended the acquisition period, due to the problems with the China regulatory authorities is a positive sign. Dutch based NXP (once Philips Semiconductors) understands the value proposition of joining forces with Qualcomm. It simply gets it as otherwise it would just go for the two billion dollars application termination fee, take the money, and run. https://fudzilla.com/news/mobile/461...n-fiscal-q2-18 |
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