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Qualcomm's Q4 revenue hits $11.3B, driven by headset sales
Business
Qualcomm just posted a solid 10% jump in its Q4 revenue, reaching $11.3 billion, according to its latest financial report.
The real boost came from their QCT division, with headset sales up 14% and automotive tech revenues rising by 17%.
It's clear their strategy to branch out beyond phones is paying off.
CEO Amon bullish on prospects in automotive, IoT
A lot of this momentum comes from the popularity of Snapdragon 8 Elite chips powering high-end Android phones.
CEO Cristiano Amon sounded upbeat, highlighting strong gains in automotive and IoT segments—together up 27% for the year.
He also pointed to Qualcomm's push into automated driving tech, data centers, and robotics as reasons to stay optimistic about what's next.