Q2 2011, Qualcomm's Revenue Achieved USD3,88 Billion

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SYDNEY-Qualcomm Announces second quarter revenue of USD3,88 billion for 2011, up some 46 percent from the same period last year.

This achievement is at the top of the prediction of Qualcomm in January ago, predicting its revenue will be $ USD3,45 billion to USD3,75 billion. Such as quoted from PC Authority, Friday (22/4/2011).

Increased demand chipset for smart phones and a PC tablet by market today is considered as a trigger of this success, as more and more companies are asking for Qualcomm to strengthen their product. Qualcomm's chipset sales reached USD1,96 billion

When currently many devices on the market are strengthened by Qualcomm and ARM hardware, it is not surprising if the achievement is so great. Moreover, with the trend of the current 3 g smart phone that demands sophisticated hardware.

Qualcomm's revenue increased 38 percent from last year to USD1,07, along with profit up 29 percent to USD999 million.

"We are very pleased with this achievement report. We will continue to increase revenue, as the demand for smart phones around the world, "said Dr. Paul e. Jacobs, CEO of Qualcomm.
(ATA)