Qualcomm Reports Record Breaking Quarter in First Fiscal Quarter 2012 Results

Qualcomm have just released their financial figures from their first fiscal quarter of 2012. The company generated $4.68 billion in revenue, up 40% from the same quarter in a year ago and up 14% from last quarter. Net income (profit) was $1.40 billion, up 20 percent year-on-year and up 33% from last quarter. The company did all this by shipping 156 million MSM units, up 23% from the previous quarter. Needless to say, Qualcomm is enjoying the fast-growing smartphone and tablet market just as much as their OEM partners are. Check out all the juicy numbers at the link ahead. Look for the first link under “Quarterly Results.” [Qualcomm]