Qualcomm announces record quarter
Revenues for Q’1 came in at $4.68 billion up 40 percent year-over-year, Operating income was up 24 percent year-over-year to $1.55 billion. Qualcomm is raising revenue and earnings guidance as well with new forecasts of $4.6 billion to $5 billion, with earnings per share of $0.91 to $0.97. You can read on Qualcomm’s record quarter HERE.