Qualcomm ends Q1 2013 with net profit of $1.91 billion
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Bust out the champagne, Qualcomm shareholders, because the company delivered the financial results for its fiscal Q1 2013 today, and things are looking pretty good across the board. GAAP revenue came in at $6.09 billion, which is up 29% year-over-year and 24% over the previous quarter. Of that $6.09 billion, Qualcomm got to keep $1.91 billion, with net profits up 36% year-over-year and a whopping 50% sequentially.










