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.
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.
- >> NEXT STORY: Poll Results - Battle! Apple vs. Samsung... Which is best?
- << PREVIOUS STORY: RumorTT: Apple spent $2 billion bailing out the struggling Sharp