Qualcomm results hit by fine and legal squabbles


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Revenues of $5.4 billion were 11% down on the $6 billion of calendar Q2 2016.

Operating income of $800 million was 51% down on the $1.6 billion of calendar Q2 2016.

Net income of $900 million was 40% down on the $1.4 billion of calendar Q2 2016.

Cash flow of $100 million compared to the $1.8 billion of calendar Q2 2016 reflecting the $940 million psyment to Blackberry and the $927 million paid to the Korea FTC.

Qualcomm ended calendar Q2 with cash of $37.8 billion.

See alsoQualcomm business model illegal, claims Apple



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