Since the last one year or so, almost every flagship phone that has been released in the market by various OEMs has something in common with the others. Be it the Galaxy S4 or the HTC One, or even the BlackBerry Z10 and the Lumia 925 for that matter, all have a Qualcomm chip powering them. Yes, there’s Nvidia Tegra, Samsung Exynos and MediaTek, but there’s no question about who is the top ARM SoC manufacturer in the world.
And having your hardware on the hottest selling products of this generation means healthy profits. So it wasn’t surprising when Qualcomm posted its June Quarter results. The company raked in a revenue of $6.24 billion, a hefty jump of 35 percent over the same quarter last year. Profits are also up, standing at $1.68 billion, up 21% compared to the previous years’ quarter. The company shipped 172 million MSM chips last quarter, which is 22 percent higher than the same period last year.
With such record revenues, the company has decided to return $1.64 billion of capital to stockholders, including $0.35 per share in dividends along with $1.04 billion through repurchases of 16.7 million shares of common stock.
For now we don’t really think that Qualcomm has a real competitor in the market. The diversified offering starting from low range up to the very best, makes them the preferred choice of vendors (and Microsoft, in case of Windows Phone).