Samsung sent out invites Tuesday to its next Galaxy Unpacked event, scheduled for February 25 in San Francisco, where the company is expected to launch its Galaxy 26 series of smartphones.AI features will be at the forefront again, as the company said the upcoming phones are “built to simplify everyday interactions, inspire confidence and make Galaxy AI feel seamlessly integrated from the moment it’s in hand.” A standout feature the company has teased is a privacy display expected to debut on the Galaxy S2 ...

Core Insights - Qualcomm Incorporated (QCOM) reported strong fourth-quarter fiscal 2025 results, with adjusted earnings and revenues exceeding estimates, driven by demand in IoT and automotive sectors [1][8] Automotive Sector Performance - Automotive revenues rose 17% to a record high of $1.05 billion, supported by new vehicle launches utilizing the Snapdragon Digital Chassis platform [3][8] - The company is experiencing growth in automotive telematics and connectivity platforms, contributing to trends like connected vehicles and vehicle electrification [3][2] Snapdragon Mobile Platforms - Qualcomm's Snapdragon mobile platforms are noted for their multi-core CPUs, power efficiency, and capabilities in augmented and virtual reality [4] - Handset revenues increased 14% to $6.96 billion, driven by premium Android handsets using the Snapdragon Elite Gen 5 platform [5] IoT Sector Growth - IoT revenues grew 7% to $1.81 billion, fueled by demand for the Snapdragon AR1 chipset for AI smart glasses [5] Challenges and Competitive Landscape - The ongoing U.S.-China trade tensions are impacting Qualcomm's growth potential, particularly in China where the company has a significant presence [9][10] - High R&D costs and competitive pressures from companies like Hewlett Packard Enterprise and Broadcom are eroding Qualcomm's margins [11][12] Stock Performance and Estimates - Qualcomm shares have gained 1.6% over the past year, underperforming compared to industry peers [13] - Earnings estimates for fiscal 2026 have increased by 0.7% to $11.99, indicating positive sentiment among investors [14]

Core Insights - Qualcomm Incorporated (QCOM) reported strong fourth-quarter fiscal 2025 results, with adjusted earnings and revenues exceeding Zacks Consensus Estimates, driven by healthy demand in IoT and automotive sectors [1] Financial Performance - On a GAAP basis, net loss for the September quarter was $3.12 billion or a loss of $2.89 per share, compared to a net income of $2.92 billion or $2.59 per share in the prior-year quarter, primarily due to a non-cash charge of $5.7 billion from new tax legislation [2] - Non-GAAP net income for the reported quarter was $3.26 billion or $3.00 per share, compared to $3.04 billion or $2.69 per share in the year-ago quarter, beating the Zacks Consensus Estimate by 12 cents [3] - For fiscal 2025, GAAP net income decreased to $5.54 billion or $5.01 per share from $10.14 billion or $8.97 per share in fiscal 2024, while non-GAAP earnings increased to $13.3 billion or $12.03 per share from $11.54 billion or $10.22 per share in fiscal 2024 [3] Revenue Growth - Total revenues in the fiscal fourth quarter were $11.27 billion, up from $10.24 billion in the year-ago quarter, surpassing the consensus mark of $10.77 billion [4] - Non-GAAP revenues for fiscal 2025 increased 13% year over year to $44.14 billion, driven by strong IoT and automotive revenues [4] Segment Performance - Quarterly revenues from Qualcomm CDMA Technologies (QCT) were $9.82 billion, up from $8.68 billion a year ago, supported by strength in automotive, handsets, and IoT [5] - Automotive revenues rose 17% to a record high of $1.05 billion, driven by increased content in new vehicle launches with the Snapdragon Digital Chassis platform [6] - Handset revenues increased 14% to $6.96 billion, while IoT revenues grew 7% to $1.81 billion, reflecting solid demand for the Snapdragon AR1 chipset [6] - Qualcomm Technology Licensing (QTL) revenues totaled $1.41 billion, down 7% year over year, with EBT margin declining to 72% from 74% [7] Cash Flow and Liquidity - Qualcomm generated $14.01 billion of net cash from operating activities in fiscal 2025, compared to $12.2 billion a year ago [10] - As of September 28, 2025, the company had $5.52 billion in cash and cash equivalents and $14.81 billion of long-term debt [10] - The company repurchased 16 million shares during the quarter for $2.44 billion [10] Guidance - For the first quarter of fiscal 2026, Qualcomm expects GAAP revenues of $11.8-$12.6 billion and non-GAAP earnings of $3.30-$3.50 per share [11] - Revenues from QTL are expected to be between $1.4 billion and $1.6 billion, while QCT revenues are anticipated to be between $10.3 billion and $10.9 billion [11]