What Can We Expect From Qualcomm’s Q2’16 Earnings?

-13.56%
Downside
169
Market
146
Trefis
QCOM: Qualcomm logo
QCOM
Qualcomm

Leading chipset maker Qualcomm (NYSE:QCOM) is set to announce its Q2 2016 earnings on April 20th, 2016. (Fiscal years end with September.) The company will likely see a sequential improvement in its licensing revenues due to stronger device sales in the December quarter and subsequently reported. However, it might reflect a decline in chipset revenues as a result of lower MSM (Mobile Station Modem) shipments in the seasonally weak March quarter.

In 2015, investors remained concerned about the company, due to a large number of lawsuits related to its licensing business globally and the underreporting of device sales in China. Litigation charges on the licensing business of Qualcomm are still a major concern for the company in 2016. However, the company seems to be quickly getting over the issue of under-reporting in the large smartphone market of China by completing licensing deals based on the new terms with the Chinese OEMs. Below we analyse the key financial metrics of Qualcomm as expected in Q2’16 results:

QCOM_Q&A_PREEARNIGNS_5

See the links below for more information and analysis about Qualcomm:

Relevant Articles
  1. With Smartphone Market Recovering, What To Expect From Qualcomm’s Q2 Results?
  2. Will Qualcomm Stock Return To Pre-Inflation Shock Highs Of $189?
  3. Will Qualcomm Stock Return To Pre-Inflation Shock Highs Of $190?
  4. With Expectations Low For Q4, Will Qualcomm Spring A Surprise?
  5. Will Qualcomm Stock Return To Pre-Inflation Shock Highs Of Over $180?
  6. Will Qualcomm Stock Recover To Highs Seen Prior To Inflation Shock?

Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Qualcomm