Six analysts surveyed by Zacks expected $5.88 billion.
It is not clear whether Apple's contract manufacturers will underpay royalties owed under their contracts with us in the third quarter of fiscal 2017, which could have a negative impact on our financial results. Segment operating income rose 179% to $475 million. Qualcomm's accounts receivables soared in the quarter, to a deficit of $1.8 billion, up from $392 million in the year-ago period. StubHub drove $916 million in gross merchandise volume, representing a 6% year over year increase, and $210 million in revenue, up 18% year over year as reported. eBay added 2 million active buyers across its online platforms, bringing the total number of buyers to 169 million globally.
The quarter included a $974 million reduction to revenue, or 48 cents per share, related to the BlackBerry arbitration decision, Qualcomm said on Wednesday. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.09.
It expects MSM chip shipments of 180M-200M (a 10% decrease to flat) and total reported device sales of $59B-$67B. It said it expected Apple's contract manufacturers to underpay royalties during the quarter commensurate with the amount that is now in dispute, but also widened its range of guidance for the third quarter to reflect uncertainty over iPhone-related royalties.
Revenue fell 9.6 pct to $5.02 billion in the second quarter ended March 26. Our guidance range for fiscal third quarter EPS is wider than our typical practice primarily due to this uncertainty.
The litigation has weighed on Qualcomm's shares, which are down about 19 percent this year through Wednesday's close.
"With our leading technology roadmap and pending acquisition of NXP, we are positioned to address a larger set of opportunities ahead than any other time in our history", he said, referencing the purchase of a semiconductor firm based in The Netherlands.
Shares of Qualcomm ticked higher in extended trading, climbing by as much as 1.69% to $53.50 following tonight's report.
Both the chip and licensing businesses performed well during the second quarter, but Qualcomm was forced to provide broad guidance ranges because of its concern that Apple contract manufacturers will continue to underpay royalties. Qualcomm agreed to purchase NXP Semiconductors NV, a leader in chips for the automotive industry, for $39 billion in late 2016.
Verlander also threw another 20 sliders among his 112* pitches, a 17.8 percent rate that is in line with what he threw in 2016. Instead, the eighth continued with Sale being taken out for Heath Hembree , who had the pleasure of facing Miguel Cabrera .
An Associated Press review found officials made a series of questionable decisions and missteps before and during the crisis. For days, managers assured the public there was no imminent danger as they slowed releases of water to assess the damage.
Strowman and Reigns will likely have another solid hardcore match at Payback , but it will be a warm-up for what is to come. With The Big Show on the top rope, Strowman leapt to action and delivered a suplex to collapse the ring.
Trump campaigned on an "America first" platform, and has vowed to narrow big trade deficits with nations such as China and Japan. Pence's economic discussions in Tokyo will be closely watched to see how hard a line Washington is prepared to take on trade.
He said the USA plans to strengthen its presence in the Asia-Pacific region and remained dedicated to the protection of Japan. Nevertheless, the USA reportedly directed two additional aircraft carrier groups toward the Korean Peninsula this week.
Even in normal times, airlines closely even daily scrutinize numbers such as advance sales and occupancy levels on planes. Barclays analyst Brandon Oglenski told Munoz that "accidents happen. hopefully, we can put this behind us".
It's money he can afford to pay, especially if it means getting Conley and Zach Randolph to the line in Game 3. Vince Carter was assessed a technical foul in the first half after attempting to head-butt Kyle Anderson .
Though that might change some of the specifics, the overall point that is attempting to be made here stays the same. Footage following the incident showed civilians, many of them children, choking and foaming at the mouth.
Security sources said it was carried out by gunmen on a police checkpoint several hundred metres from the church entrance. A police officer was killed in a gunfire attack at a security checkpoint near the monastery on April 18, 2017.
UK MPs back plans for 8 June poll
Rebels in May's party have opposed her on all these policy areas since she replaced David Cameron last July. May's governing Conservatives now have a slight majority, with 330 seats in the 650-seat House of Commons.
N.Korea shows off 'ICBM' during massive parade
In his annual New Year's address, Kim said that the country's preparations for an ICBM launch have "reached the final stage". State television showed what appeared to be several KN-08 and KN-14 missiles rolled out on trucks at the parade.
Erdogan Narrowly Wins Referendum for Executive Power
But the Cumhuriyet opposition daily focused on the alleged violations: "A shadow fell over the ballot boxes", it said. The European Union opposed Erdogan's bid to shift the country to a system giving the president sweeping new powers.
J.R. Smith Leaves Game 2 With Left Hamstring Injury
Teague landed awkwardly on his right hand early in the third quarter as Love slid over in hopes of drawing the change. George is absolutely right about Stephenson's tendency to let his emotion get the best of him in the heat of battle.
Credit Card Breach Hits 1000 Hotels: See If You're Affected
Instead, it has a ridiculous system to see what IHG franchise locations were affected as well as the respective time frames. Three New Hampshire hotels were affected by a security breach reported this week by InterContinental Hotels Group (IHG).
Blue Jackets' Werenski out for playoffs with face fracture
Entering Tuesday, the Blue Jackets probably couldn't have even been labeled a playoff team that is trending downward . He was waiting to the right of the net to collect a rebound on a shot by Jenner and beat Fleury to the glove side.
Internal memo on Bill O'Reilly sent to Fox News employees
The New York Times reported on April 1 that Fox and O'Reilly paid five women a total of $ 13 million to settle harassment claims. His trip came as Fox News Channel's parent company 21st Century Fox is investigating sexual harassment allegations against him.