Qualcomm Q4 2012 earnings: $4.87 billion in revenue, $1.27 billion net profit

With Qualcomm's powerful, versatile and efficient Snapdragon S4 taking the mobile world by storm, it should come as no surprise that the company's accountants are smiling more than ever. Today, the firm posted earnings for the fourth quarter of 2012, which includes a net income of $1.27 billion with revenues of $4.87 billion. In terms of profit, these figures represent a 20 percent year-over-year increase and a five percent bump when compared to the previous quarter. A peek inside Qualcomm's books reveal that the company is now sitting on $43 billion in assets and $9.4 billion in liabilities -- if only our own pocketbooks were overflowing in similar fashion. Feel free to count some beans for yourself at the source link below.

Filed under: Cellphones, Mobile

Qualcomm Q4 2012 earnings: $4.87 billion in revenue, $1.27 billion net profit originally appeared on Engadget on Wed, 07 Nov 2012 22:23:00 EDT. Please see our terms for use of feeds.