Qualcomm announced its fiscal Q4 2020 and full-year earnings report last week, and the market liked it, its stock soaring up to 13%. While I usually don’t write about a company’s earnings as an industry analyst, I will write when I believe those earnings signify some kind of milestone for the company, management or product line. This was true for Qualcomm’s Q4 results. The company also broke out its growth areas to give investors even more granularity into its businesses.
I want to provide the news, the numbers and then weigh in on them. I appreciated spending some time with Qualcomm CEO Steve Mollenkopf after the earnings call to get a better perspective.