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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.

@anthony256
Published Thu, Nov 8 2012 6:34 AM CST   |   Updated Tue, Nov 3 2020 12:26 PM CST

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 has stellar Q4 2012, $4.87 billion revenue with $1.27 billion net profit | TweakTown.com

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

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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