Financial statements Qualcomm was worse than predicted
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POSTER: computer news || FINANCIAL STATEMENTS QUALCOMM WAS WORSE THAN PREDICTED |
DATE:2014-04-24 |
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Qualcomm has summed up the results of the second fiscal quarter, which ended March 30. During the reporting period, net profit reached $ 1.96 billion from $ 1.87 billion a year earlier, while revenues Qualcomm rose 4% to $ 6.37 billion. The result was lower than analysts predicted, causing the stock price Qualcomm fell 5.9% after the publication of the report. Before the year Qualcomm is going to launch Snapdragon processor 805 and new cellular modems with support networks of the third and fourth generations. It is reported that the development is more than 525 devices based on processors Snapdragon. Growing demand for communication adapters Wi-Fi - their shipments grew more than 45% compared with the previous year. Qualcomm believes in the potential of cellular networks LTE. First, the company expects that more than half of its mobile processors shipped in the second half of the financial year, which has already occurred, will offer support for LTE. Secondly, Qualcomm hopes to launch LTE networks in China, however, regarding the timing of the company does not provide forecasts. | ||
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FINANCIAL STATEMENTS QUALCOMM WAS WORSE THAN PREDICTED |
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