Thursday, January 26, 2017

Qualcomm Q4 shows growth but challenges mount

  Qualcomm reported 2016 revenues of $23.5 billion and Q4 revenues of $6.2 billion up from $6 billion in Q3. Net income for Q4 was $1.9 billion, up from Q3’s $1.7 billion but that was hit by an $868 million fine from the Korean FTC. “We are forecasting continued growth of global 3G/4G device shipments ...

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