Chipmaker Qualcomm climbs on increased sales forecast
17 years, 1 month ago

Chipmaker Qualcomm climbs on increased sales forecast

China Daily  

Qualcomm Inc, the second-biggest maker of chips that run mobile phones, climbed as much as 8.9 percent in extended trading after the company raised its 2008 sales forecast, citing stronger demand. President Steve Altman predicted growing demand worldwide for his company's technology, countering concern that a possible recession in the United States will hurt sales. Nokia feud Qualcomm gets the majority of its revenue from semiconductor sales and the bulk of its profit from licensing its code division multiple access technology to phone makers, service providers and producers of telecommunications equipment. Qualcomm would consider a spin off of its chipmaking division if that would help resolve its legal challenges and improve business prospects, said Chief Executive Officer Paul Jacobs.

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History of this topic

Chipmaker NXP forecasts downbeat first-quarter revenue on soft demand
1 month, 2 weeks ago

Chipmaker NXP forecasts downbeat first-quarter revenue on soft demand

Live Mint  

Feb 3 - NXP Semiconductors forecast its first-quarter revenue below analysts' estimates on Monday, in a sign of sluggish demand for its chips from industrial and automotive customers. Costly electric vehicles and higher-for-longer interest rates have deterred buyers for several quarters, leading to a chip inventory buildup at clients in the automotive industry — NXP's biggest segment. The global auto …

Samsung Electronics posts 129.85% jump in Q4 operating profit
1 month, 3 weeks ago

Samsung Electronics posts 129.85% jump in Q4 operating profit

Live Mint  

Samsung Electronics said Friday its operating profits surged 129.85 percent year-on-year in the fourth quarter of 2024, but fell from the previous quarter as it struggled to meet demand for chips used in artificial intelligence servers. US tech giant Nvidia, whose semiconductors power the AI industry, has been relying on SK hynix, Samsung's South Korean rival, as its main supplier …

Corning forecasts Q1 results above estimates on robust demand for AI-related infrastructure
1 month, 3 weeks ago

Corning forecasts Q1 results above estimates on robust demand for AI-related infrastructure

Live Mint  

Jan 29 - Corning on Wednesday forecasted first-quarter revenue and profit that beat Wall Street expectations, with the Gorilla Glass-maker expecting robust demand for its optical fiber products for artificial intelligence-related infrastructure. Corning said it expects first-quarter revenue to be $3.60 billion, compared with analysts' expectations of $3.53 billion, data compiled by LSEG showed. For the quarter ended Dec. 31, …

Foxconn Q4: Chipmaker’s revenue hits $64.72 billion; beats estimates over high AI server demand
2 months, 2 weeks ago

Foxconn Q4: Chipmaker’s revenue hits $64.72 billion; beats estimates over high AI server demand

Live Mint  

Taiwanese giant Foxconn or Hon Hai Precision Industry Co., Ltd beat its revenue estimates for the fourth quarter. The company announced its highest-ever revenue record fueled by strong demand for artificial intelligence servers, reported the news agency Reuters on Sunday, January 5. The world's largest contract electronic maker's revenues surged 15.2 per cent to $64.72 billion, according to a company …

Qualcomm prevails on key issues in Arm suit
3 months ago

Qualcomm prevails on key issues in Arm suit

Live Mint  

A Delaware jury ruled that Qualcomm had a valid license to use Arm’s basic chip architecture for central processors it developed with the acquisition of a startup called Nuvia in 2021. While the jury ruled mostly in Qualcomm’s favor, it was deadlocked on the question of whether Nuvia had violated its license agreement with Arm amid Nuvia’s acquisition. Qualcomm general …

Qualcomm explores friendly takeover of Intel — Know more about potential transformational deal for chip sector
6 months ago

Qualcomm explores friendly takeover of Intel — Know more about potential transformational deal for chip sector

Live Mint  

Intel — once the world's largest chipmaker — might soon face a friendly takeover bid from Qualcomm. The company is headed toward its third consecutive year of shrinking sales with an estimated $52 billion revenue in 2024 — just 70% what it brought in back in 2021. A person in the know however told Bloomberg that CEO Pat Gelsinger still …

Qualcomm exploring a chance to buy a chunk of Intel's chip design business
6 months, 1 week ago

Qualcomm exploring a chance to buy a chunk of Intel's chip design business

Firstpost  

Intel, which has faced financial struggles recently, is reportedly looking to offload some of its business units in a bid to generate cash. Qualcomm has been assessing various segments of Intel’s design business, including its client PC design division For Qualcomm, acquiring parts of Intel’s chip design business could provide a strategic opportunity to expand its reach into new markets. …

China chipmaker SMIC beats Q2 estimates despite steep profit fall
7 months, 1 week ago

China chipmaker SMIC beats Q2 estimates despite steep profit fall

The Hindu  

Semiconductor Manufacturing International Corp reported a 59.1% fall in second-quarter net profit on Thursday though the result from China's largest chip foundry beat expectations. SMIC reported $164.6 million in unaudited profit attributable to owners for the three months to June 30, topping the $103.8 million expected by analysts polled by LSEG, while revenue rose by 21.8% to $1.9 billion, also …

Qualcomm Gives Bullish Forecast After Phone Demand Perks Up
7 months, 3 weeks ago

Qualcomm Gives Bullish Forecast After Phone Demand Perks Up

Live Mint  

-- Qualcomm Inc., the world’s biggest seller of smartphone processors, gave a strong revenue forecast for the current period, indicating that demand for phones is rebounding. Phone makers have been helped by a spending recovery among Chinese consumers, and that’s translating into more orders for component makers like Qualcomm. Apple’s iPhone relies on Qualcomm for connectivity chips, not the main …

AI frenzy expected to have boosted Samsung second-quarter profit 13-fold
8 months, 2 weeks ago

AI frenzy expected to have boosted Samsung second-quarter profit 13-fold

The Hindu  

Samsung Electronics is expected to post a 13-fold increase in second-quarter profit from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices. Operating profit for the world's biggest maker of memory chips, smartphones and TVs likely rose to 8.8 trillion won in the quarter ended June 30, according to the average of an …

Qualcomm reaches $75 mln settlement over sales and licensing practices
9 months ago

Qualcomm reaches $75 mln settlement over sales and licensing practices

The Hindu  

Qualcomm agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding them by hiding its anticompetitive sales and licensing practices. Shareholders accused Qualcomm of artificially inflating its share price between February 2012 and January 2017 by repeatedly describing its chip sales and technology licensing as separate businesses, when in fact Qualcomm bundled them …

iPhone manufacturer Foxconn beats Street estimates in Q4; Net profit climbs 33% YoY on strong AI demand
1 year ago

iPhone manufacturer Foxconn beats Street estimates in Q4; Net profit climbs 33% YoY on strong AI demand

Live Mint  

iPhone manufacturer Foxconn announced its fourth quarter results on Thursday, March 14, reporting a 33 per cent year-on-year rise in net profit, driven by a strong demand for artificial intelligence servers and high sales the year-end peak season. The world’s largest contract electronics maker's Q4 net profit is the strongest YoY growth logged for a quarter since March 2021, according …

Dell Technologies Q2 revenue beats estimates; raises full-year forecasts
1 year, 6 months ago

Dell Technologies Q2 revenue beats estimates; raises full-year forecasts

Live Mint  

Dell Technologies shares rallied 8% in extended trading on Thursday after the company raised its full-year revenue and profit forecast. The company forecast third-quarter revenue between $22.5 billion and $23.5 billion beating analysts’ estimates of $21.67 billion, according to Refinitiv data. For the full year, Dell Technologies now expects revenue between $89.5 billion and $91.5 billion, and earnings per share …

Key iPhone Assembler Foxconn's Q2 Revenue Falls 1 Per Cent Due To Weak Demand For Electronics
1 year, 7 months ago

Key iPhone Assembler Foxconn's Q2 Revenue Falls 1 Per Cent Due To Weak Demand For Electronics

ABP News  

Key iPhone assembler Foxconn has reported one per cent fall in its second quarter net profit amid weak demand for electronics globally. The company, also the world's largest contract electronics manufacturer, beat analysts' forecasts - its net profit for the April-June quarter fell to T$33 billion from a revised T$33.29 billion in the same period last year. Foxconn shares rose …

TSMC's Q2 Profit Falls 23 Per Cent Amid Declining Electronics Demand
1 year, 8 months ago

TSMC's Q2 Profit Falls 23 Per Cent Amid Declining Electronics Demand

ABP News  

Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, reported a 23 per cent drop in net profit in the second quarter as demand for consumer electronics and semiconductor chips remains low amid rising interest rates and global economic challenges, the media has reported. The world's largest contract chipmaker on Thursday said that during the April-June quarter, net profit dropped to …

TSMC defies chip downturn with record Q4; cuts 2023 capex as demand weakens
2 years, 2 months ago

TSMC defies chip downturn with record Q4; cuts 2023 capex as demand weakens

The Hindu  

Taiwanese chipmaker TSMC reported a forecast-beating 78% rise in quarterly profit on Thursday, as strong sales of advanced chips helped it defy a broader industry downturn that battered cheaper commodity chips. Taiwan Semiconductor Manufacturing Co Ltd, the world's largest contract chipmaker, is a rare bright spot in the global tech industry which is grappling with worsening consumer demand brought about …

Qualcomm predicts “ low double-digit drop” in phone sales in 2022
2 years, 4 months ago

Qualcomm predicts “ low double-digit drop” in phone sales in 2022

The Hindu  

Qualcomm, on Wednesday, in its fourth quarter fiscal report predicted a “low double-digit percentage” decline in phone sales. The company, one of the primary providers of chips and modems for smartphone manufacturers, changed its earlier prediction of a mid-single-digit percentage decline in smartphone sales citing uncertainty caused by macroeconomic environments, The predictions account for sales of 3G, 4G, and 5G …

Taiwan chipmaker TSMC says quarterly profit $8.8 billion
2 years, 5 months ago

Taiwan chipmaker TSMC says quarterly profit $8.8 billion

Associated Press  

TAIPEI, Taiwan — Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, said Thursday that its quarterly profit rose 79.7% over a year earlier to a record $8.8 billion amid surging demand. The American Embassy in Beijing didn’t immediately respond to a question about whether TSMC had received an exemption that might allow …

TSMC sees resilient chip sales boosting Q3; electronics demand cooling
2 years, 8 months ago

TSMC sees resilient chip sales boosting Q3; electronics demand cooling

The Hindu  

Taiwan's TSMC forecast revenue growth that could be the highest in 10 quarters, saying it was "highly confident" about its long-term prospects and touted demand for high-tech chips used in 5G networks and artificial intelligence. In the second quarter ended June 30, TSMC's revenue rose 36.6%, and net profit surged 76.4% - the biggest jump in eight quarters and handily …

Qualcomm can keep growing without Apple, analysts say
3 years, 4 months ago

Qualcomm can keep growing without Apple, analysts say

The Hindu  

Investors once believed that Qualcomm Inc's fortunes rose and fell with Apple Inc's iPhone, which uses a key "modem" chip from the San Diego company to connect to mobile data networks. But as Qualcomm prepares for an investor presentation on Tuesday where it will outline plans to land its chips in everything from virtual reality headsets to self-driving cars to …

Qualcomm, Electronic Arts rise; Moderna, Roku fall
3 years, 4 months ago

Qualcomm, Electronic Arts rise; Moderna, Roku fall

Associated Press  

NEW YORK — Stocks that traded heavily or had substantial price changes Thursday: Qualcomm Inc., up $17.63 to $156.11. The chipmaker gave investors an encouraging profit forecast after reporting strong fourth-quarter financial results. The online reservations site beat Wall Street’s third-quarter profit and revenue forecasts. The video streaming company gave investors a weak sales forecast and warned that supply chain …

Qualcomm optimistic on 5G, connected device sales as supply bottlenecks ease
3 years, 7 months ago

Qualcomm optimistic on 5G, connected device sales as supply bottlenecks ease

The Hindu  

Qualcomm Inc on Wednesday predicted a rise in sales of chips for 5G phones, including Apple Inc's iPhone, as the company said it had mitigated supply shortfalls that have contributed to a global chip shortage. Qualcomm's chip revenue forecast for the current fiscal fourth quarter had a midpoint of $7.25 billion, compared with analyst estimates of $6.83 billion, according to …

Apple Earnings Call Shows Strong iPhone 12 and Mac Sales, Warns Chip Shortage May Hurt Business
3 years, 10 months ago

Apple Earnings Call Shows Strong iPhone 12 and Mac Sales, Warns Chip Shortage May Hurt Business

News 18  

Cupertino-based giant Apple yesterday posted its latest earnings report yesterday, where the company showed a strong ongoing demand for iPhone 12 in Q1 2021. Apple Chief Executive Tim Cook said on an investor call that Apple avoided a chip shortage in the fiscal quarter by burning through supply buffers. In the current quarter, however, the chip shortage could cost Apple …

Qualcomm achieves strong Q4 results due to early 5G rolout: Know details
4 years, 4 months ago

Qualcomm achieves strong Q4 results due to early 5G rolout: Know details

India TV News  

Bullish on the early success of its 5G rollout, chip-maker Qualcomm has posted strong results for its fourth quarter, logging $6.5 billion in revenue which is up 35 per cent. "Our fiscal fourth-quarter results demonstrate that our investments in 5G are coming to fruition and showing benefits in our licensing and product businesses," said Steve Mollenkopf, CEO of Qualcomm. Inching …

Samsung Q3 profit likely at two-year high after Huawei orders, phone recovery
4 years, 5 months ago

Samsung Q3 profit likely at two-year high after Huawei orders, phone recovery

Live Mint  

Samsung Electronics Co Ltd said its third-quarter profit likely jumped 58% to the highest in two years, beating analysts' estimates as U.S. restrictions on China's Huawei boosted the South Korean tech giant's phone and chip sales. MOBILE PROFIT BOOST Samsung was expected to post its biggest smartphone profit in at least four years, analysts said, as it gained market share …

Qualcomm shares spike by 5 percent, beats Wall Street estimates for Q4 revenue
5 years, 4 months ago

Qualcomm shares spike by 5 percent, beats Wall Street estimates for Q4 revenue

Firstpost  

Qualcomm’s revenue in the Q4 fell about 17 percent to $4.81 billion, but beat analysts’ estimates of $4.70 billion. Qualcomm Inc forecast current-quarter profit above Wall Street expectations and beat estimates for fourth-quarter revenue from its closely watched licensing business, sending its shares up 5 percent in extended trading. The world’s biggest supplier of mobile phone chips expects between 1.75 …

Intel beats third-quarter revenue and profit estimates, raises full-year revenue forecast
5 years, 4 months ago

Intel beats third-quarter revenue and profit estimates, raises full-year revenue forecast

Firstpost  

Intel Chief Executive Officer Bob Swan has set a goal of becoming more disciplined about spending. Intel Corp on Thursday beat Wall Street estimates for third-quarter revenue and profit and raised its full-year revenue forecast, easing concerns about slowing chip demand amid the U.S.-China trade war. After years of acquisitions outside its core area of processing chips under previous leaders, …

Qualcomm outlook weighed down by weak smartphone demand
5 years, 7 months ago

Qualcomm outlook weighed down by weak smartphone demand

Live Mint  

Qualcomm Inc. gave a downbeat fourth-quarter sales forecast, indicating lingering weakness in smartphone demand while consumers wait for devices with the next generation of wireless technology. That’s making the near-term outlook for phones look “soft," but only temporarily ahead of an expected surge in demand for new devices, he said. On a conference call, analysts questioned Qualcomm’s confidence that the …

Qualcomm's outlook weighed down by Huawei's smartphone gains in China
5 years, 7 months ago

Qualcomm's outlook weighed down by Huawei's smartphone gains in China

Firstpost  

By Stephen Nellis and Munsif Vengattil - Qualcomm Inc’s quarterly revenue and profit forecast fell short of Wall Street targets, driven by Huawei Technologies Co Ltd’s strong gains in the Chinese smartphone market, the U.S. company said, sending its shares down as much as 6%. Qualcomm Inc’s quarterly revenue and profit forecast fell short of Wall Street targets, driven by …

Apple no longer just about iPhones as revenue from other products becomes bigger than handset sales
5 years, 7 months ago

Apple no longer just about iPhones as revenue from other products becomes bigger than handset sales

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The company's latest results show that sales of the iPhone are actually dropping, with billions of dollars …

Nvidia sales forecast tops Wall Street expectations, shares rise by 8 percent
6 years, 1 month ago

Nvidia sales forecast tops Wall Street expectations, shares rise by 8 percent

Firstpost  

NVIDIA said it expected revenues for its fiscal 2020 year to be “flat or down slightly”. Chip maker Nvidia Corp on Thursday forecast sales for its current fiscal year that topped Wall Street expectations, sending its shares up 8 percent in late trading. The Santa Clara, California-based company said it expected revenues for its fiscal 2020 year to be “flat …

Qualcomm's Q1 2018 profit exceeds forecasts, suggesting that a slowdown in global smartphone market is not as bad
6 years, 10 months ago

Qualcomm's Q1 2018 profit exceeds forecasts, suggesting that a slowdown in global smartphone market is not as bad

Firstpost  

The results announced in Qualcomm’s smartphone chip business contrasted to those from major mobile phone components makers in Asia. US chipmaker Qualcomm Inc’s quarterly profit and revenue topped Wall Street forecasts, suggesting that a slowdown in the global smartphone business might be less severe than feared after a string of weak forecasts from suppliers. Qualcomm said it expects the loss …

Samsung Electronics Q1 net profit up by more than half
6 years, 10 months ago

Samsung Electronics Q1 net profit up by more than half

Live Mint  

Seoul: South Korean telecoms giant Samsung Electronics saw net profit leap by more than half in the first quarter, it said Thursday, thanks to strong demand for memory chips and its latest high-end smartphone. The firm, the world’s biggest maker of memory chips and the flagship subsidiary of the sprawling Samsung group, has recovered from a series of setbacks to …

Top iPhone suppliers warn of slower sales ahead of Apple results
7 years, 1 month ago

Top iPhone suppliers warn of slower sales ahead of Apple results

Live Mint  

San Francisco: Qualcomm Inc. and Broadcom Ltd, key suppliers to Apple Inc., have implied that orders related to the iPhone tailed off more than normal at this time of year. Apple reports earnings on Thursday, where it has projected revenue of $84 billion to $87 billion for the holiday quarter, including from its new flagship iPhone X, which went on …

Qualcomm earnings report beats revenue expectations as demand for its chips surges
7 years, 1 month ago

Qualcomm earnings report beats revenue expectations as demand for its chips surges

Firstpost  

Apple sued Qualcomm last January, accusing it of overcharging for chips and refusing to pay some $1 billion in promised rebates. Chipmaker Qualcomm Inc’s profit and revenue beat expectations as demand surged for its chips used in smartphones and cars, but an earnings forecast for the current quarter fell below analysts’ estimates due to tepid mobile sales in China. But …

Broadcom reports better-than-expected quarterly proft after its bid to acquire Qualcomm intensifies
7 years, 3 months ago

Broadcom reports better-than-expected quarterly proft after its bid to acquire Qualcomm intensifies

Firstpost  

Broadcom’s move came after Qualcomm rejected its $70 per share bid, saying the offer undervalued the company and would face regulatory hurdles. Broadcom Ltd on 6 December reported a better-than-expected quarterly profit and boosted its dividend by 72 percent, days after the chipmaker took its $103 billion bid for Qualcomm Inc hostile. Shares of Broadcom rose 5 percent in extended …

Deals Buzz: Broadcom offers $105 billion for Qualcomm, up to be largest tech deal
7 years, 4 months ago

Deals Buzz: Broadcom offers $105 billion for Qualcomm, up to be largest tech deal

Live Mint  

Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. Ltd, in a transaction that may rank among India’s largest renewable energy deals, reports Mint, citing multiple people aware of the development. Everstone Group agrees to buy Kenstar from Videocon associate firm Private equity firm Everstone Group has agreed to acquire Kenstar, a …

Broadcom offers to buy chip-maker Qualcomm in a $103 billion cash deal
7 years, 4 months ago

Broadcom offers to buy chip-maker Qualcomm in a $103 billion cash deal

Firstpost  

Qualcomm shareholders would get $60 in cash and $10 per share in Broadcom shares. Communications chipmaker Broadcom Ltd on 6 November said it offered to buy smartphone chip supplier Qualcomm Inc for $70 per share or $103 billion in cash and stock, in what would be the biggest technology acquisition ever. Broadcom’s offer is at a premium of 27.6 percent …

Qualcomm responds to US SEC revealing more details of ongoing dispute with Apple
7 years, 7 months ago

Qualcomm responds to US SEC revealing more details of ongoing dispute with Apple

Firstpost  

Qualcomm, the largest maker of chips used in smartphones, said revenue in its CDMA technology business from modem sales for iPhones may continue to decline. Qualcomm, the largest maker of chips used in smartphones, said revenue in its CDMA technology business from modem sales for iPhones may continue to decline, in part depending on the extent of Apple ’s utilization …

Qualcomm discloses further details about the impact of its ongoing licensing dispute with Apple
7 years, 7 months ago

Qualcomm discloses further details about the impact of its ongoing licensing dispute with Apple

Firstpost  

Chipmaker Qualcomm Inc on Monday disclosed further details about the impact of an ongoing dispute with Apple Inc, responding to questions from the U.S. SEC. Chipmaker Qualcomm Inc on Monday disclosed further details about the impact of an ongoing dispute with Apple Inc, responding to questions from the U.S. Securities and Exchange Commission. Apple’s dual sourcing does not impact the …

Qualcomm reports 13.3 percent rise in revenue beating expectations
8 years, 4 months ago

Qualcomm reports 13.3 percent rise in revenue beating expectations

Firstpost  

Smartphone chipmaker Qualcomm Inc, which agreed to buy NXP Semiconductors NV for about $38 billion last week, reported a better-than-expected 13.3 percent rise in quarterly revenue, helped by strong demand, particularly in China. The San Diego-based company, which supplies chips to Android smartphone makers and Apple Inc, reported mobile chip shipments of 211 million for the quarter compared with its …

Qualcomm Spends Big Money To Get In The Car (Chip) Business
8 years, 4 months ago

Qualcomm Spends Big Money To Get In The Car (Chip) Business

NPR  

Qualcomm Spends Big Money To Get In The Car Business Enlarge this image toggle caption Gregory Bull/AP Gregory Bull/AP Smartphone chip maker Qualcomm Inc. has agreed to buy NXP Semiconductors for $38 billion. And after Qualcomm lost some modem chip business in the popular iPhone 7 to Intel, the acquisition could boost its iPhone share thanks to NXP sensor and …

Chipmaker SMIC targets 20% annual revenue growth
8 years, 10 months ago

Chipmaker SMIC targets 20% annual revenue growth

China Daily  

Semiconductor Manufacturing International Corporation, China's biggest chipmaker, is targeting 20 percent annual revenue growth, and has pledged to continue diversifying its business. Zhang Xin, the vice-president of SMIC, highlighted monitoring equipment, wearable devices and intelligent home systems as targets of expansion, as strong quarterly revenues were unveiled on Friday which showed the company is still enjoying robust growth, despite a …

Record fine to have little impact on Qualcomm[1]- Chinadaily.com.cn
10 years, 1 month ago

Record fine to have little impact on Qualcomm[1]- Chinadaily.com.cn

China Daily  

Visitors walk past the Qualcomm Inc stand at the Mobile World Congress in Barcelona, Spain, in February 2014. Smartphone firms may gain from chip giant's decision to reduce patent licensing charges Though Qualcomm Inc has agreed to pay a record fine of about 6.08 billion yuan for antitrust violations, the move is likely to have little impact on the United …

Qualcomm to sell its first China-specific chips this year
10 years, 9 months ago

Qualcomm to sell its first China-specific chips this year

China Daily  

Visitors walk past the Qualcomm stand at the Mobile World Congress in Barcelona in this file photo taken February 24, 2014. Qualcomm Inc plans to sell its first smartphone chips tailored to China this year, as the US maker of chips for high-end phones adapts to a market where growth is increasingly driven by low-priced handsets. But revenue in the …

Qualcomm betting big on tablet market
11 years, 10 months ago

Qualcomm betting big on tablet market

India TV News  

Mumbai, May 13: After making a strong impact in the smartphone segment, chip maker Qualcomm is now placing big bets on the tablet market, investing heavily in research and development activities. Qualcomm's Snapdragon processors power more than 850 mobile devices, including Sony Xperia Tablet Z, Lenovo IdeaTab S2110 and Dell XPS 10. It works with almost all leading smartphone players …

Apple Celebrates Record Quarter, Nets $1.67B Profit
15 years, 5 months ago

Apple Celebrates Record Quarter, Nets $1.67B Profit

Wired  

Apple on Monday reported its most profitable quarter ever, with record sales of its Macs and iPhones blowing away analysts' estimates. For the quarter ending Sept. 30, Apple posted net revenue of $9.87 billion, raking in net profit of $1.67 billion, or $1.82 per share. Though Apple does not break down Mac sales numbers by specific model, the company said …

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