Qualcomm peaks guidance with $5.6 billion revenue
 

199M Snapdragons in Q3 FY2018

Qualcomm has announced its financial Q3 2018 results and the company ended up with $5.6 billion of revenue, at the top end of its $4.8 – $5.6 billian guidance. Non-GAAP diluted EPS was expected at $0.65 - $0.75 and in reality it ended up at $1.01.

The company was hoping to sell 185 – 205 million MSM chips and ended up at the 205 million number, again a great achievement followed by a 15 percent QCT EBT margin. QTL revenues were expected between $0.85 billion - $1.05 billion and due to a mysterious payment by a licensee, it ended up at $1.47 billion.

QTL EBT margin per guidance was supposed to settle at 50 to 54 percent and it was announced at rather high 72 percent.

It looks like China was after a lot of Snapdragon 700 and 800 chipsets for its new generation of devices and the 845 ended up in 130 designs. It is estimated that in calendar 2018 global 3G/4G device shipments amounted to approximately 1.8 billion to 1.9 billion units. That is a lot of phones.

Qualcomm points out that it has solved the 5G antenna issue - something that we covered in a separate part. There are now 18 network operators and 20 manufacturers which have selected its X50 5G modem for trials in 5G devices, the company said.

https://fudzilla.com/news/mobile/468...h-5-6b-revenue