Qualcomm reported in the preceding quarter

Qualcomm reported in the preceding quarter

In the first quarter, Qualcomm earned a profit of $ 5.6 billion, less than the $ 5.8 billion in the previous quarter and $ 6.9 billion for the same period a year nazad.Operatsionny revenue totaled $ 1.4 billion, which is also less than the $ 1.7 billion last quarter, but more than $ 1.3 billion a year ago.

Last year, Qualcomm has experienced serious financial problems. After the failure of Snapdragon 810, which suffered from overheating, the company had to go to the staff reduction and focus on their next processor, which should help the company overcome its problems. And then, finally, Qualcomm’s published a report for the three-month period in 2016.

Qualcomm reported in the preceding quarter

In the first quarter, Qualcomm earned a profit of $ 5.6 billion, less than the $ 5.8 billion in the previous quarter and $ 6.9 billion for the same period a year nazad.Operatsionny revenue totaled $ 1.4 billion, which is also less than the $ 1.7 billion last quarter, but more than $ 1.3 billion a year ago.

In the first quarter of this year, Qualcomm shipped 189 million chipsets, which is also below the 242 million and 233 million in the preceding quarter and the same period of last year respectively. Qualcomm General Director, Steve Mollenkompf said that such a financial result of the company was due to problems with licensing.

Company finally managed to solve the problems with the Chinese government and the dispute with LG. Mollenkompf also assured that the company continues to build momentum Snapdragon production of high-performance processors and implement a strategy to restructure.

Of course, quite a surprise to see that the shipment of chips compared to the previous quarter has been reduced, taking into account the launch of the flagship processor Snapdragon 820. But it seems, Qualcomm’s finally recovering from the catastrophic consequences of 2015, so let’s hope that the company finally coped with losing streaks .

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