01.02.2012 23:05 Uhr, Quelle: Engadget

Qualcomm announces Q1 earnings: revenues up 40%, $1.4 billion in profit

The mobile revolution has been good to Qualcomm. Its Q4 2011 earnings were impressive enough, but the company is kicking off 2012 with even more staggering numbers. The Snapdragon creator pulled in $4.68 billion in revenue during Q1, a 40 percent increase over the same time last year and 14 percent higher than last quarter. Profits were also way up, hitting $1.4 billion, a 20 percent increase over last year and a whopping 33 percent higher sequentially. The company appears to have roundly beat analyst expectations, earning 97 c

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