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Wednesday, Jan 30
More on Qualcomm: Expects FQ2 revenue of $5.8B-$6.3B and EPS of $1.10-$1.18 vs. consensus of...
More on Qualcomm: Expects FQ2 revenue of $5.8B-$6.3B and EPS of $1.10-$1.18 vs. consensus of $5.88B and $1.10. Expects FY13 revenue of $23.4B-$24.4B and EPS of $4.25-$4.45 vs. consensus of $23.6B and $4.32. 182M baseband chips shipped in FQ1, +17% Y/Y. Expects 163M-173M shipments in FQ2 (+7%-14%), better than feared. $250M in buybacks. Royalty-bearing device sales rose +29% Y/Y in Sep. quarter with ASP of $224-$230 (up Y/Y). 2013 device guidance unchanged at 1B-1.07B, FY13 ASP forecast still at $214-$226. QCOM +6.1% AH. CC at 4:45PM ET (webcast). (PR) (slides)