Qualcomm breaks records with Q2 2012 earnings, thanks 'strong demand' for 3G- and 4G-enabled devices

It's a good time to be in business. And by "business," we mean, "in the wireless business." Apple and Samsung seem to be selling every smartphone they make, and Qualcomm seems to be outfitting those very devices with quite a few components. After a record-setting Q1, Qually has just revealed that its Q2 2012 earnings made for "another quarter of record revenues and earnings per share." The driving force? "Strong demand for 3G- and 4G-enabled devices across both developed and emerging regions," according to Dr. Paul E. Jacobs, the outfit's chairman and CEO. Mobile device usage isn't apt to start contracting anytime soon, which has pushed the company to increase operating expenses to "facilita... »read more

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