American manufacturer of semiconductor products by Qualcomm earnings 2016 was summed up Q3 2016 as of September 25th. The main source of the company’s earnings is income from the sale of processors, and Qualcomm for the third quarter produced them in the amount of 211 million units, which brought her a profit of $ 6.2 billion.
This result is 13% more than last year during the same period, which amounted to $ 5.5 billion. Operating profit increased significantly. So, for the last quarter recorded an increase of $ 1.8 billion in operating profit, up 58% compared with $ 1.1 milliard last year.
On top of that, the company Qualcomm earnings 2016 published the figures for the shipment of chipsets for smartphones. It was noted that the indicators of the third quarter of last year by 4% inferior to the number of devices shipped in the same period this year. As it turned out, the growth of production volumes and shipments directly related to the increase in the number issued in China and in other countries of smartphones. Director General of Qualcomm claims that the company is going to grow in the global supply 3G and 4G devices.
