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Qualcomm company reported on Q1 2013 . During the reporting period, the Company received proceeds of $ 6.12 billion, or 24% more than in the same quarter a year earlier. Compared with the previous quarter revenues increased by 2%. Operating profit for the year rose by 24%, and for the quarter by 10% to reach $ 1.88 billion net profit, however, declined over the year by 16% (to $ 1.87 billion), although compared to the previous quarter was up 2%.
According to experts, this year, the smartphones rate will drop . This will lead to a tightening of the struggle for market share and the loss of profits by many players. Even Apple began to have trouble in the first three months of this year, which was not around 10 years. According to IDC, in the past year, the smartphone market grew by 46%, whereas in the current year's growth may stop at around 27%. Qualcomm admitted that in the next quarter, the company expects to reduce the average selling prices of components (for both smartphones and for the telecommunications market). On this post the stock market immediately reacted depreciation Qualcomm shares up 6.9% to $ 61.45 .
Among the negative factors, the company notes the increasing competition in the Asian markets. Qualcomm already hinted that Mediatek company , Spreadtrum Communications, and several other Chinese developers become a headache for the company. Fortunately, Apple and Samsung buy Qualcomm products , which guarantees more or less steady growth. In general, the developer said that all over the world on Qualcomm platforms there is as many as 850 devices, and more are preparing to release 475 new products. These scales allow the company to call themselves the dominant in the relevant industry. Related Products :
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