Business Segment GrowthQualcomm's IoT business showed remarkable strength with annual revenue growing 36%, driven by new product launches and advanced AI capabilities.
EarningsQualcomm delivered a very solid quarter with record revenue of $11.7 billion, growing 17% annually and 13% sequentially, surpassing the Street consensus by more than $750 million.
Financial OutlookQualcomm's revenue and EPS outlook are encouraging, with projections being ahead of consensus estimates, indicating strong future performance.