Qualcomm posted $11.27 billion in Q4 revenue, beating the $10.79 billion estimate
The post Qualcomm posted $11.27 billion in Q4 revenue, beating the $10.79 billion estimate appeared on BitcoinEthereumNews.com.
Qualcomm dropped its fourth-quarter earnings on Wednesday and smashed Wall Street’s targets. Revenue came in at $11.27 billion, way above the $10.79 billion estimate. Adjusted earnings per share hit $3.00, also beating the $2.88 that analysts expected, according to LSEG. Compared to last year’s $10.24 billion, revenue jumped 10%. But it wasn’t all good news; Qualcomm took a big tax hit and reported a net loss of $3.12 billion, or $2.89 per share, after posting a $2.92 billion profit the same quarter last year. Looking ahead, Qualcomm is targeting $11.8 billion to $12.6 billion in revenue for the next quarter. That midpoint ($12.2 billion) blows past the $11.62 billion average analyst forecast. On earnings, the chipmaker expects to deliver between $3.30 and $3.50 per share, while analysts had penciled in just $3.31. These projections came straight from Qualcomm’s statement on Wednesday evening. AI chips boost stock, while handset, auto, and IoT beat estimates Qualcomm has always made most of its money from mobile chips. It builds the processors and modems that go into Samsung’s flagship phones and modems for Apple’s iPhones. But CEO Cristiano Amon said during the call that Qualcomm knows Apple won’t stick around forever. “We expect to wind down our modem supply to Apple over the next few years,” he said. So the company’s been shifting. It’s been making chips for Windows PCs, Meta’s AR glasses, and virtual-reality headsets, trying to expand into anything outside smartphones. The company’s big bet now? AI hardware. Last week, Qualcomm announced plans to launch two new AI accelerator chips, which sent the stock up 11% right after the news. The new chips, the AI200 (coming 2026) and AI250 (2027), aren’t basic components. Qualcomm said both chips will be available in full systems that take up an entire liquid-cooled server rack. That…
Filed under: News - @ November 5, 2025 10:33 pm