Today the folks from Qualcomm have posted some annual and quarterly earning reports that were quite impressive. Not only did they release their Q4 financial results, but also their entire 2012 fiscal year -- which is up 28% year-over-year actually. Head on past the break for more details on Qualcomm's earnings, and how smartphone and Snapdragon sales have them staying at the top.
First we'll talk about their Q4 earnings, since that's what those San Diego natives are wrapping up. For Q4 of 2012 Qualcomm saw massive earnings, revenue, and growth as a whole. With a slight gain over Q3 Q4 saw an increase to $4.87 billion in revenue, which was also up 18% compared to last year's fourth quarter gains. Qualcomm saw $46 billion device sales in Q4, and 141 million MSM mobile chipset processors shipped. That shows an 11% year-over-year gain in Snapdragon processors shipping.
Now moving on to 2012 fiscal results, Qualcomm has announced they hit record high margins in 2012 topping $19 billion in revenue. They also kindly stated their budget and balance sheet is remaining strong too, with $26.8 billion of cash, cash equivalents and marketable securities as of September 30, 2012. It looks like Qualcomm's doing quite nicely for themselves.
The report states that they had record high revenues, earnings, and MSM chipset sales in 2012. Which are all being driven by record sales in global markets for smartphones and other wireless devices. Overall for 2012 Qualcomm reported $19.12 billion in revenue, which was also up a staggering 28% year-over-year, and 590 million MSM processor chipsets sold through 2012. A number which is also up 22% compared to 2011's fiscal year.
Qualcomm also had a few estimates for 2013, hoping their industry-leading Snapdragon and 3G/4G LTE chipset growth and sales will see them topping double-digit numbers again for 2013. With estimates pegged for $23billion next year, with over 900 million MSM chipsets shipped. With Qualcomm leading the pack with their quad-core Snapdragon S4 Pro, S4, and mid-range offerings device wide across the globe things are looking pretty good for Qually. Hit the timeline below for more details.