Goldman Sachs Boosts Numbers on Qualcomm (QCOM); Q1 Shows "Decoupled" from Apple

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Qualcomm (QCOM) Q1 Shows It's Firing on All Cylinders

January 30, 2013 5:28 PM EST

Top smartphone chipmaker Qualcomm, Inc. (NASDAQ: QCOM) stock moved higher late on Wednesday after it reported Q1 results, impressing investors with beats on both the top and the bottom line. Qualcomm also raised Q2 guidance. The results illustrate its continued dominance as a key supplier to OEMs.

Qualcomm reported record revenue of $6.02 billion in Q1. This topped... More

Qualcomm (QCOM) Pops 6% on Strong Q1, Outlook

January 30, 2013 4:18 PM EST

Qualcomm, Inc. (NASDAQ: QCOM) is immediately rating up 6% to $67.30 following Q1 results after the close.

Qualcomm reported Q1 EPS of $1.26, $0.14 better than the analyst estimate of $1.12. Revenue for the quarter came in at $6.02 billion versus the consensus estimate of $5.9 billion.
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UPDATE: Qualcomm, Inc. (QCOM) Tops Q1 EPS by 14c, Lifts Outlook

January 30, 2013 4:01 PM EST

(Updated - January 30, 2013 4:21 PM EST)

Qualcomm, Inc. (NASDAQ: QCOM) reported Q1 EPS of $1.26, $0.14 better than the analyst estimate of $1.12. Revenue for the quarter came in at $6.02 billion versus the consensus estimate of $5.9 billion.

"We are pleased to report record... More