Qualcomm Brings in $5.5B in revenue in Q3 2015

Quarterly earnings for the third quarter of the year are still coming in, and right Qualcomm just announced their numbers for the quarter. Beating analysts expectations with a $5.5 billion revenue for the quarter and $1.4 billion in profit. That's 91-cents per share, higher than the 86-cents per share that was expected by analysts. Qualcomm stated back in July, that they expected to see around 75 to 95 cents per share on revenue between $4.7 and $5.7 billion. So their forecast was right on target. While they did beat analysts expectations for the third quarter, the forecast for the current - fourth quarter of 2015 - don't look too good. The company is forecasting that per-share earnings would fall to around 80 to 90 cents. With revenue being between $5.2 and $6 billion. Pretty similar to what we had in Q3, however, compared to last year, that's a drop from $71. billion. It's important to remember that the fourth quarter is normally the biggest quarter for tech companies like Qualcomm. As it's the holiday season and there are plenty of phones on sale with their chips inside.

Recently, Qualcomm settled an antitrust dispute with China, which opened a new option for companies there that want to use and license Qualcomm's technologies. That's a huge deal considering China is the largest mobile market right now - with India quickly catching up. However, the chip-maker has had a bit of trouble in negotiations with smartphone makers in China on the new terms. This has cost Qualcomm quite a bit of revenue. The company also says that some companies aren't making the required payments. Costing Qualcomm quite a bit of cash. Qualcomm has already completed deals with Huawei, ZTE and TCL, for licensing their technologies.

This year, Qualcomm had some trouble with their Snapdragon 810 chipset. As their biggest customer, Samsung, pulled out and decided to use their own Exynos chipset in their flagship devices this year. Qualcomm is hoping to win back some of Samsung's business with the Snapdragon 820, and is also reportedly tapping Samsung to manufacture the Snapdragon 820 in their own factories. Some reports have also stated that Samsung would use the Snapdragon 820 in a few of their flagships in 2016.

While Qualcomm did have a somewhat successful quarter in terms of chip sales - the exact amount was not disclosed however - Qualcomm has still had a tough year, and it may not rebound in 2016 with the Snapdragon 820. We should start seeing smartphones with the Snapdragon 820 being announced in January, however.

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Alexander Maxham

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Alex has written for Androidheadlines since 2012 as Editor of the site and traveled the World to many of the biggest Smartphone and Technology events. Alex has a background in Technology and IT and Deep Passion for Everything Android and Google. His specialties lay in Smartphones of all budgets, Accessories, Home Automation and more. Contact him at [email protected]