"The first quarter was a strong start to the year with accelerating growth in active buyers, revenue and our core USA business", eBay President and Chief Executive Officer Devin Wenig said in a statement.
"For what it's worth, we believe Apple could account for as much as a third of Qualcomm's royalty business, likely $2 billion-plus annually", said Bernstein Research Analyst Stacy Rasgon in a report titled "Can a bad apple really spoil the barrel?" QCT revenues rose to $3.7 billion on 179 million MSM chip shipments.
Revenue in the three months ended in March rose 8%, year over year, to $6 billion, yielding EPS of $1.34, non-GAAP. Segment operating margin jumped 5% to $1.96 billion.
Qualcomm's non-GAAP revenue excludes a almost $1 billion reduction of revenue related to an arbitration agreement with BlackBerry.
Qualcomm still expects its acquisition of NXP Semiconductors to close by the end of 2017. But it could become somewhat clearer when the San Diego wireless giant reports licensing revenue for the quarter ending in March and forecasts what it expects for the current quarter ending June 30.
Max Scherzer, Nationals beat Braves
NY trailed 2-0 with two outs in the sixth before Bruce lined a three-run homer off frustrated starter Vince Velasquez. Meanwhile, we've already seen at least one hitter benefit from the shortened power alley in right center field.
Agency says deported man had no special status
Rather than continue to provide half-truths and varying assertions, DHS should respond to our request for documentation. Montes received renewed DACA protections in January 2016, which keeps him enrolled through 2018.
Non-GAAP EPS is expected in the range of $0.90 to $1.15, compared with $1.16 during the prior-year period. Adjusted net income totaled $2 billion compared with $700 million in GAAP net income.
The company warned on Wednesday that it was unclear whether Apple's contract manufacturers would underpay royalties owed in the third quarter.
Qualcomm fired back at the iPhone maker last week, saying Apple had breached agreements with the firm. "Our performance reflects continued execution of our strategy to lead the mobile industry across a broad set of technologies, including advanced LTE and 5G, and accelerate our growth opportunities beyond mobile into automotive, IoT, security and networking".
Apple claims that Qualcomm "reinforces its dominance" through exclusionary tactics and high patent licensing fees, charging Apple "at least five times more" in payments than other cellular patent licensors.
In the long run, Arcuri said Qualcomm "appears to have a strong case, and Apple's record in winning similar litigation is poor".
Yamana Gold Inc. (NYSE:AUY) EPS Analysis
Stocks with high EPS growth rates compared with year-ago levels suggest a company has products or services in strong demand. TRADEMARK VIOLATION NOTICE: This piece of content was published by The Cerbat Gem and is owned by of The Cerbat Gem.
What to know about Air Defense Identification Zones
According to a USA official, a pair of Russian bombers flew close to Alaska, they came within 35 nautical miles of the coastline. Two Russian TU-95 bombers came within 100 miles south of Kodiak Island last Monday.
Turkish PM warns opposition against street protests
The referendum has no "democratic legitimacy", HDP spokesman and lawmaker Osman Baydemir told reporters in Ankara. Opposition CHP head Kemal Kilicdaroglu accused the electoral board of bias and of favoring the governing party.
Evacuations in New Zealand as Cyclone Cook nears
Cyclone Cook has arrived in New Zealand coastal waters this morning and MetService is following its movement very closely. Authorities are now anxious about how Cyclone Cook will impact land that is already saturated from heavy rains.
Judge denies new trial for killer of NFL's Will Smith
Appearing in court with wild mane of hair and a bushy beard, Burnside appeared near tears at times and twice let slip a profanity. But New Orleans District Attorney Leon Cannizzaro soon made it clear he believes Hayes deserves a 60-year sentence.