Important names in the processor world, Qualcomm and ARM, are at the same time activity They did it. These events are for the third quarter of 2024. financial status reports Companies that published it managed to exceed analysts’ expectations.

According to Qualcomm’s statements, the company’s revenues for the past three months are: $10.24 billion It was recorded as. ARM for the same period $840 million reported income. Analyst revenue estimates were $9.9 billion for Qualcomm and $810 million for ARM.

Qualcomm’s profits doubled

Looking at the profitability, we can say that Qualcomm is all smiles. Because the company the past three months $2.92 billion declared profit. This figure was almost double the $1.49 billion profit announced in the same period last year. ARM said nothing about profitability.

The statements from both Qualcomm and ARM state that this applies to future periods A relatively positive atmosphere emerged. According to the statements made, the main reasons for the increase in sales in this quarter were high-end phones and this will remain the case in the coming periods. However, Qualcomm is the biggest expansion in the market. 5 percent He said he thought it would be at levels.