Qualcomm
Numbers
What the show said, with receipts
Every figure the hosts put on the record for Qualcomm, with its source and the date it was captured. The audited statements from the company's own filings are under Financials.
Freshness
0
Current (≤6 mo)
0
Recent (≤18 mo)
3
Older
Freshness is measured from each figure’s capture date, not from the episode date. An older figure is not wrong; it is a figure that has had time to move.
Reported figures
Semiconductor revenue (QCT, FY2023)
3 yr~$30B
Snapdragon chips in ~30% of all Android smartphones; dominant in mobile processors
[Qualcomm FY2023 annual report] · as of 2023-09
Licensing division (QTL) operating margin
4 yr~70%+
pure royalty income; ~70% operating margin vs ~30% for the chip business; the QTL model is why Qualcomm's total margin exceeds most chip companies
[Qualcomm FY2023 disclosures] · as of 2023
- David:Qualcomm's QTL segment — the licensing business — runs at about 70 percent operating margins. The chip business runs at about 30. The licensing royalties come in regardless of which company makes the phone.[Acquired Qualcomm, ch. The QTL model]
Broadcom hostile bid for Qualcomm (2018)
9 yr$117B
would have been the largest tech acquisition ever; blocked by CFIUS on national security grounds (Trump administration, March 2018)
[Acquired Qualcomm/Broadcom episode] · as of 2018-03