About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Tuesday, April 27, 2010

Qualcomm Lifted by 3G Shipments

Last week, Qualcomm, the wireless chip maker, said it expects its revenue in the quarter ending June 28 to fall between 2% and 9% to between 2.5 billion and 2.7 billion US dollars.  But for the year ending September 27, Qualcomm now expects its revenue to rise between 0% and 6% to between 10.4 billion and 11 billion dollars.

In the quarter ending March 28, Qualcomm said its revenues were 2.66 billion dollars, up 8% year-on-year, "driven by healthy 3G device shipments and greater than expected demand for our chipsets." Qualcomm said there are now more than 1 billion 3G subscribers worldwide. source: Qualcomm statement

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