For the year to September 2015, Qualcomm forecast revenues 1-9 percent higher, versus 7 percent growth last year, while EPS is estimated flat to 7 percent lower. The outlook does not include its planned takeover of CSR, which is expected to close next summer. The company did not provide an estimate for 3G/4G device shipments in 2015. For calendar 2014, it expects shipments of 1.3-1.5 billion, but only 1.04-1.13 billion will likely be reported to the company.
In the latest quarter, the company recorded revenues up 7 percent year-on-year to USD 26.49 billion. Operating profit rose 4 percent to USD 7.55 billion, and EPS increased 19 percent to USD 4.65. MSM chip shipments totaled 236 million units, up 24 percent year-on-year and 5 percent sequentially.
For fiscal Q1, Qualcomm forecast revenues flat to 9 percent higher year-on-year at USD 6.6-7.2 billion. EPS is expected at USD 1.00-1.12, equal to a decline of 8 percent to 3 percent growth. MSM shipments are forecast up 17-27 percent to 250-270 million.