Annual report pursuant to Section 13 and 15(d)

Summarized Quarterly Data (Unaudited)

v3.3.0.814
Summarized Quarterly Data (Unaudited)
12 Months Ended
Sep. 27, 2015
Summarized Quarterly Data (Unaudited) [Abstract]  
Summarized Quarterly Data (unaudited)
Note 14. Summarized Quarterly Data (Unaudited)
The following financial information reflects all normal recurring adjustments that are, in the opinion of management, necessary for a fair statement of the results of the interim periods.
The table below presents quarterly data for fiscal 2015 and 2014 (in millions, except per share data):
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
2015 (1)
 
 
 
 
 
 
 
Revenues
$
7,099

 
$
6,894

 
$
5,832

 
$
5,456

Operating income
2,064

 
1,336

 
1,235

 
1,140

Income from continuing operations
1,971

 
1,052

 
1,183

 
1,060

Net income
1,971

 
1,052

 
1,183

 
1,060

Net income attributable to Qualcomm
1,972

 
1,053

 
1,184

 
1,061

 
 
 
 
 
 
 
 
Basic earnings per share attributable to Qualcomm (2):
$
1.19

 
$
0.64

 
$
0.74

 
$
0.68

Diluted earnings per share attributable to Qualcomm (2):
1.17

 
0.63

 
0.73

 
0.67

 
 
 
 
 
 
 
 
2014 (1)
 
 
 
 
 
 
 
Revenues
$
6,622

 
$
6,367

 
$
6,806

 
$
6,692

Operating income
1,493

 
1,990

 
2,075

 
1,992

Income from continuing operations
1,444

 
1,958

 
2,237

 
1,893

Discontinued operations, net of tax
430

 

 

 

Net income
1,874

 
1,958

 
2,237

 
1,893

Net income attributable to Qualcomm
1,875

 
1,959

 
2,238

 
1,894

 
 
 
 
 
 
 
 
Basic earnings per share attributable to Qualcomm (2):
 
 
 
 
 
 
 
Continuing operations
$
0.86

 
$
1.16

 
$
1.33

 
$
1.13

Discontinued operations
0.25

 

 

 

Net income
1.11

 
1.16

 
1.33

 
1.13

 
 
 
 
 
 
 
 
Diluted earnings per share attributable to Qualcomm (2):
 
 
 
 
 
 
 
Continuing operations
$
0.84

 
$
1.14

 
$
1.31

 
$
1.11

Discontinued operations
0.25

 

 

 

Net income
1.09

 
1.14

 
1.31

 
1.11

(1)
Amounts, other than per share amounts, are rounded to millions each quarter. Therefore, the sum of the quarterly amounts may not equal the annual amounts reported.
(2)
Earnings per share attributable to Qualcomm are computed independently for each quarter and the full year based upon respective average shares outstanding. Therefore, the sum of the quarterly earnings per share amounts may not equal the annual amounts reported.