Qualcomm revenue from the sale of chips in the last quarter increased by 20 %

According to the results of the last quarter, Qualcomm demonstrated revenue growth in all three main market segments of its presence, and the achieved indicators surpassed the expectations of analysts. Although the prognosis for the revenue for the current quarter was higher than the values ​​predicted by investors, the company’s shares after the publication of reporting still fell in price by more than 4.5 %.

Image Source: Qualcomm Technologies

The first quarter of the 2025 fiscal year has already ended in the corporation’s calendar, the revenue for the period increased in an annual comparison by 18 % to $ 11.7 billion against the expected $ 10.93 billion. The semiconductor business of QCT demonstrated an increase in revenue by 20 % to $ 10.08 billion, of which In the direction of mobile phones, the revenue increased by 13 % to $ 7.6 billion, the automobile segment demonstrated an impressive growth of 61 % to $ 961 million, and the direction of the Internet of things increased the revenue by 36 % to $ 1.55 billion. The last segment also includes the processors of the Snapdragon family Elite used as part of Windows laptops. Qualcomm management said that these chips were able to occupy 10 % of the market in the laptop segment worth more than $ 800. Wearable devices such as Meta✴ Quest set and Ray-Ban smart glasses based on Qualcomm chips are also in confident demand.

In the licensing field of licensing (QTL), the company’s revenue increased by 5 % to $ 1.54 billion. In the last quarter of Qualcomm, it was possible to conclude a license agreement in the field of 4G networks with a large Chinese manufacturer of TransSion smartphones, as well as to complete negotiations with two other large Chinese companies that are prepared Conclude long -term licensing agreements. In the last quarter, Qualcomm also paid $ 942 million in the form of dividends and spent $ 1.8 billion to redeem its shares.

In the current quarter, Qualcomm expects to help out from $ 10.3 to $ 11.2 billion. Analysting expectations are expressed in the amount of the projected revenue $ 10.34 billion, so the company’s own forecast in this case was higher. But in the licensing segment, the company counts on revenue from $ 1.25 to $ 1.45 billion. This is not only lower than the results of the previous quarter, but also in the center of the range is worse than the forecast of analysts, which accounted for $ 1.4 billion. Apparently, this The inconsistency and prompted Qualcomm shares to fall after the closing of the auction. According to the results of the whole year, the smartphone market should remain at the past level, or grow per units of percent. This forecast does not increase the possible effect of revenue from the license agreement with Huawei, the terms of which are now being reviewed.