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Sunday, November 24, 2024

Qualcomm reviews $10.2B in FY This autumn income because of robust headset gross sales, automotive push


What it’s essential know

  • Qualcomm introduced its fiscal 12 months This autumn 2024 income with $10.2 billion for the quarter.
  • Cell chipset gross sales elevated by 12%, whereas automotive grew a formidable 68% in comparison with the identical quarter in 2023.
  • Qualcomm simply launched the Snapdragon 8 Elite, which is already touchdown in new smartphones from Xiaomi, OPPO, OnePlus, and extra.

Qualcomm is ending its 2024 fiscal 12 months on a excessive be aware, reporting a 12% progress in This autumn income to $10.2 billion. That brings its whole 2024 income to $39 billion, up 9% in comparison with fiscal 12 months 2023.

“We’re happy to conclude the fiscal 12 months with robust ends in the fourth quarter, delivering higher than 30% year-over-year progress in EPS,” stated Qualcomm CEO Cristiano Amon in a ready assertion.

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