QUALCOMM Incorporated (QCOM) 2024 Q3 Earnings Call Summary
July 31, 2024 
QUALCOMM Incorporated (QCOM)
| Market Cap | 0.21T |
|---|---|
| Beta | |
| P/E | 39.75452774136047 |
| EPS | 12.247158441111395 |
| Dividend | 0 |
| Dividend Yield | 0.00% |
Incorporate OpenAl o1 model to your financial research today 🎉🎉
View original QUALCOMM Incorporated earnings transcript →
Company key drivers
Note: all the quotes from earning call transcript
Driver 1: Automotive Revenue Growth
Automotive segment is a significant growth driver with increasing design wins and revenue.
2024-Q3
Driver 2: PC Market Expansion
PC market, especially AI PCs, is a new growth area.
2024-Q3
Driver 3: On-Device AI Capabilities
On-device AI is a key differentiator and growth driver across multiple segments.
2024-Q3
Driver 4: IoT Revenue Growth
IoT segment shows consistent growth and recovery, contributing to overall revenue.
2024-Q3
2024-Q2
Driver 5: Handset Market Performance
Handset market, especially premium tier, remains a significant revenue contributor.
2024-Q3
Driver 6: Licensing Agreements
Long-term licensing agreements provide stable revenue streams.
2024-Q3
- ... Finally, we're very pleased to share that we recently signed a key long-term licensing agreement with Honor, a leading Chinese smartphone OEM. ...
- ... We continue to be pleased with the company's diversification beyond mobile, and we're particularly proud of what we have accomplished to date in automotive and PC. ...