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Qualcomm Expects $ 4.7 Billion from Apple Agreement – QUALCOMM Incorporated (NASDAQ: QCOM)



Qualcomm (NASDAQ: QCOM) -3.9% surpasses Q2 estimates with a 6% year-over-year decline. Revenue forecast for the third quarter is $ 4.7 billion to $ 5.5 billion from Apple, a $ 4.5 billion to $ 4.7 billion settlement, a payment from AAPL and the reversal obligations for repayment / reimbursement from AAPL and other contract manufacturers.

QCT Breakdown: Turnover: $ 3.72 billion (-4% y / y); EBT: USD 542 million (-11%); MSM broadcasts, 155 M (-1%).

QTL: sales, $ 1.1 billion (-8% yoy); EBT, 674 million USD (-17%).

press release.

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Previous: Qualcomm Strikes $ 0.06 (1 May)


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