Thursday, November 5, 2015

Qualcomm Q3 Financial Report Surpasses Analyst Estimations

Qualcomm Chips

This week we had another mobile company present their financial report for the third quarter of 2015 and it was Qualcomm. Analysts were expecting the company to bring in 5.2 billion in revenue but they beat that with 5.5 billion. This is down from last year’s $7.1 billion in the same quarter and is likely due to Samsung choosing to avoid the Snapdragon 810.

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