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Cristiano Amon, CEO and President, Qualcomm, one of the 2024 websites in the center phase in Lisbon Meo Arena, Portugal.
Shauna Clinton | Sportsfile | Getty Images
Quitcomm Reported the third quarter prosecutor Profits On Wednesday, they exceeded the expectations of the wall street and has been a stronger guide than expected in the current quarter. Qualcomm shares slipped in extended trade.
Here is how Chipmaker ended up in the quarter compared to the expectations of LSES 29 LSES:
In the current quarter, Qualcomm said that he expected $ 2.85 in the middle of shareholders per share, 1. In point income. Legal analysts dollars expected by $ 2.83 in the earnings adjusted for each share in $ 10.35 million.
The net income ended in June was $ 2.66 Billion, or $ 2.43 per share, $ 2.13 million or $ 1.88 per share per share.
The most important business in Qualcomm is selling fries for smartphones under the Snapdragon brand, including central processor and modem for high-level devices by Samsung. It also offers modems Apple. The right chip business reportedly reported in $ 6.33 million in quarter, only 6.44 million wall expectations.
Qualcomm expects to lose as Apple as a customer for their business businesses. The company has worked to diversify his business by making fries for other devices, including Windows PCs and MetaQuotes Smart glasses of virtual reality headphones and meta ray bans.
Qualcomm Crestiano Amon highlighted the work of the company in a short interview on Wednesday.
Said Meta’s Ray’s Ray’s Bans to make fries for devices like smart glasses. The Chipmaker’s AI strategy was a good example of the strategy, which is “personal” or applications running devices, not the cloud.
Qualcomm has notified its meta-income by division of his “Internet of things” in the quarter at $ 1.68 million in revenue.
Amon mentioned Mark ZuckerbergThe AI view statement was “focused on referring to the” personal superintelligence “from the IOT.” It’s what we do with smart glasses. “
CFO Akash Palkhiwala said Meta expected a stronger chip consumption that he expected during the quarter.
On Monday, Ray-Ban parent essential essence celurbill Sales of smart glasses have been tripled every year.
“Mark a video today, AI in a very clear way that evolves personal and super intelligence, and we are a key section of which that division will happen,” pankhiwala said.
Ray-Ban Meta smart glasses encourages a Qualcomm chips. Qualcomm, Samsung and Google are working on smart glasses, according to Qualcomm CEO Cristiano Amon.
Nurphoto | Nurphoto | Getty Images
Amon also said that Qualcomm will start to provide data on how to grow his chip business Apple – He said about 15% this year.
Qualcomm is also intended to be expanded to data centers and selling versions of chips that can be used to expand artificial intelligence, called Grandma with an analyst. Qualcomm said he was already in discussions with a major cloud company – called HypersCaler – to supply AI Chips. Qualcomm said that his 2028 prosecutor’s income could begin.
“While we are in the early stages of this expansion, we work with potential customers,” Ammon said. “We are currently in advanced discussions with an important hyperscaler.”
The company’s automotive company has been one of the largest growth opportunities for the company, but in the third quarter, it grew by 21% to $ 984 million, below the 24% increase rate of the company IOT business.
“As you look forward to the growth of the growth of the Car and ITroT, it exceeds Apple’s income scale,” said Palkhiwala call.
Another important division of Qualcomm is QTL, which includes Qualcomm and includes patented technology license rates, including parts of the standard 5G. In general, the QTL income rose by 11% to 1.32 trillion.
Qualcomm said he spent less than $ 1 million in cash dividends and 2.8 billion reduces three billion shares in quarter.