How much money would you have made on Qualcomm Incorporated?

Summary

Qualcomm Incorporated is a technology company that designs and manufactures wireless telecommunications products and services. The company was founded in 1985 by seven individuals, including Dr. Irwin Jacobs, who served as the company's CEO until 2005. Qualcomm initially focused on developing CDMA (Code Division Multiple Access) technology, which is a type of digital cellular technology used for mobile communications.

In the years since its founding, Qualcomm has become a leading provider of wireless technologies and services, including chipsets, modems, and software for use in a variety of devices such as smartphones, tablets, and laptops. The company's technologies are used in a wide range of devices, including those that run on Android, iOS, and Windows operating systems.

In the latest quarter, Qualcomm reported revenues of $8.24 billion, up 22% year-over-year, driven by strong demand for 5G devices and increased shipments of chipsets and modems. The company also reported net income of $1.45 billion for the quarter, up from $868 million in the same period last year.

One of Qualcomm's latest market offerings is the Snapdragon 888, a high-performance mobile platform designed for use in premium smartphones. The Snapdragon 888 features advanced 5G capabilities, a powerful AI engine, and support for high-resolution displays and camera systems. The platform is designed to provide users with fast, reliable performance and a seamless user experience.

In addition to its smartphone-related products, Qualcomm also offers a range of technologies and services for other industries, including automotive, healthcare, and industrial automation. For example, the company's Qualcomm 9150 C-V2X chipset is designed for use in connected and autonomous vehicles, providing high-speed communication and improved safety for passengers. Qualcomm also offers a range of healthcare products and services, including wearable devices and telemedicine platforms that enable remote patient monitoring and care.

Overall, Qualcomm is a leading provider of wireless technologies and services, with a focus on providing innovative solutions for a wide range of industries. The company's strong financial performance in the latest quarter reflects the continued demand for its products and services, particularly in the growing 5G market.

Background

Qualcomm Incorporated, one of the hottest companies on the stock market, located at 5775 morehouse dr, san diego, ca, us specializes in the radio & tv broadcasting & communications equipment industry. It is currently listed on the exchange NASDAQ in the country USA.

The company's last annual earnings report on 2022-09-30 showed that it had reached a market cap of 137,726,050,000 dollars.

If someone had invested $100 in Qualcomm Incorporated 10 years ago, their investment would be worth roughly $87.39 today, according to If You Had Invested

If you had invested...

A companies stock price is a reflection of the company's performance and for QCOM, its stock has been good. If you had invested $1,000 in Qualcomm Incorporated 1 year ago and held onto your investment until today (in other words, if you didn't sell any shares), here's what would have happened:

Your investment would now be worth roughly $1060.61 today.

Financials

If you are looking for a company with a good dividend yield then Qualcomm Incorporated has a dividend yield of 0.0238 making it a okay dividend company to invest in. If you are going to buy some QCOM stock for dividends make sure you buy before 2022-11-30

In terms of growth Qualcomm Incorporated has been on the up and up with a Quarterly earnings growth rate of 0.038. At the same time revenue growth has been to the moon with a rate of 0.221.

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As Qualcomm Incorporated continues on its journey to become a 20,658,907,500,0.0 dollar company, there is no doubt that the stock will continue to rise. You should watch out for any major announcements about their products or recent earnings. If you wish to invest in the stock market but are not sure where to start, start by signing up on Robinhood