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QUALCOMM Incorporated Message Board

  • diligentconqueror_m diligentconqueror_m Apr 24, 2013 9:59 PM Flag

    From the call - well ahead of the competition

    "We are already on our third generation of LTE modems, and with the MDM 9X25 and Snapdragon 800 chipsets, while others are still working on their first generation. This quarter we announced our new Qualcomm RF360 product, which addresses the next challenge with global LTE: OEMs SKU proliferation coming from RF complexity and LTE brand fragmentation."

    and, the margins, guidance/future looks very good to me

    "Looking forward, we are expecting another record year for QCT, growing revenue and earnings before tax on a strong double digit basis year over year. This growth is in excess of the rate of growth of estimated industry 3G/4G device unit shipments and the year over year percentage increase of our expected operating expenses.
    Further, the year is unfolding better than we initially expected, and we are successfully increasing our share and our share of content in devices. This strategy is delivering strong revenue and per-unit dollar margin growth year over year, albeit with downward pressure on the QCT gross margin on a percentage basis, as expected.
    In total, we are pleased to be raising the company guidance, in large part due to the strength of our chip business. Flagship devices announced this quarter that contain our chipsets include the Samsung Galaxy S IV, the HTC One, the LG Optimus G Pro, the Blackberry Z10, and the Sony Xperia Z smartphone and tablet."

    Sentiment: Strong Buy

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QCOM
79.60-0.83(-1.03%)Jul 11 4:00 PMEDT

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