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Qualcomm has stellar Q4 2012, $4.87 billion revenue with $1.27 billion net profit

Qualcomm's Q4 2012 earnings: $4.87 billion revenue with a hefty $1.27 billion in profits

| Business, Financial & Legal News | Posted: Nov 8, 2012 12:34 pm

Qualcomm has struck gold with their Snapdragon S4 processor being baked into many handsets across the world, and their Q4 2012 earnings report mirrors this immensely.

 

TweakTown image news/2/6/26641_07_qualcomm_has_stellar_q4_2012_4_87_billion_revenue_with_1_27_billion_net_profit.jpg

 

Qualcomm posted earnings for Q4 2012, including a net income of $1.27 billion with revenues of $4.87 billion. From the $1.27 billion, we have a 20% year-over-year increase of profits, and a nice 5% from the previous quarter.

 

The company is now sitting on a tidy $43 billion in assets and $9.4 billion in liabilities, which has them sitting very comfortably when it comes to the struggling competition.

NEWS SOURCE
Engadget.com

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