What you have to know
Qualcomm introduced its fiscal 12 months This autumn 2024 income with $10.2 billion for the quarter.Cellular 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 observe, reporting a 12% development 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 sturdy ends in the fourth quarter, delivering larger than 30% year-over-year development in EPS,” stated Qualcomm CEO Cristiano Amon in a ready assertion.
“We’re enthusiastic about our current product bulletins at Snapdragon Summit and Embedded World, as they proceed to increase our expertise management and place us properly throughout Handsets, PC, Automotive and Industrial IoT. We stay up for offering an replace on our development and diversification initiatives at our Investor Day on November 19.”
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