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  • More on Qualcomm: 173M MSM chip shipments in FQ2, +14% Y/Y and at high end of guidance. 163M-173M shipments seen in FQ3 (+16%-23%). Royalty-bearing device sales +18% Y/Y in Dec. quarter, but ASP fell to $214-$220 from Sep. quarter's $224-$230 (affects royalties/margins) and device sales growth seen dropping to 7%-17% for March quarter. FY13 ASP guidance narrowed to $216-$224; calendar year device guidance raised by 15M to 1.05B. Free cash flow +10% Y/Y to $1.99B vs. net income of $2.07B. R&D spend +28% Y/Y, SG&A +14%. No buybacks (that could soon change). QCOM -5.2% AH. CC at 4:45PM ET (webcast). (PR) (slides[View news story]
    What is considered as MSM chip set? I see Qualcomm has family series names of APQ, MPQ, QSC, RTR, MDM, & MSM.
    Jun 1 02:24 PM | Likes Like |Link to Comment
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