Annual report pursuant to Section 13 and 15(d)

Summarized Quarterly Data (Unaudited)

v2.3.0.15
Summarized Quarterly Data (Unaudited)
12 Months Ended
Sep. 25, 2011
Notes to Financial Statements [Abstract]  
Note 12 - Summarized Quarterly Data (Unaudited)
Note 13. 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 2011 and 2010 (in millions, except per share data):
 
1st Quarter*
 
2nd Quarter*
 
3rd Quarter
 
4th Quarter
2011
 
 
 
 
 
 
 
Revenues (1)
$
3,348

 
$
3,870

 
$
3,623

 
$
4,117

Operating income (1)
1,247

 
1,430

 
1,113

 
1,238

Income from continuing operations (1)
1,252

 
1,264

 
985

 
1,055

Discontinued operations, net of tax (1)
(82
)
 
(269
)
 
44

 
(6
)
Net income attributable to Qualcomm (1)
1,170

 
999

 
1,035

 
1,056

 
 
 
 
 
 
 
 
Basic earnings (loss) per share attributable to Qualcomm (2):
 
 
 
 
 
 
 
Continuing operations
$
0.77

 
$
0.76

 
$
0.59

 
$
0.63

Discontinued Operations
$
(0.05
)
 
$
(0.16
)
 
$
0.03

 
$
0.00

Net income
$
0.72

 
$
0.60

 
$
0.62

 
$
0.63

 
 
 
 
 
 
 
 
Diluted earnings (loss) per share attributable to Qualcomm (2):
 
 
 
 
 
 
 
Continuing operations
$
0.76

 
$
0.75

 
$
0.58

 
$
0.62

Discontinued Operations
$
(0.05
)
 
$
(0.16
)
 
$
0.03

 
$
0.00

Net income
$
0.71

 
$
0.59

 
$
0.61

 
$
0.62

 
 
 
 
 
 
 
 
2010*
 
 
 
 
 
 
 
Revenues (1)
$
2,668

 
$
2,661

 
$
2,700

 
$
2,952

Operating income (1)
980

 
896

 
893

 
958

Income from continuing operations (1)
898

 
852

 
832

 
938

Discontinued operations, net of tax (1)
(57
)
 
(78
)
 
(65
)
 
(73
)
Net income attributable to Qualcomm (1)
841

 
774

 
767

 
865

 
 
 
 
 
 
 
 
Basic earnings (loss) per share attributable to Qualcomm (2):
 
 
 
 
 
 
 
Continuing operations
$
0.53

 
$
0.52

 
$
0.51

 
$
0.59

Discontinued operations
$
(0.03
)
 
$
(0.05
)
 
$
(0.04
)
 
$
(0.05
)
Net income
$
0.50

 
$
0.47

 
$
0.47

 
$
0.54

 
 
 
 
 
 
 
 
Diluted earnings (loss) per share attributable to Qualcomm (2):
 
 
 
 
 
 
 
Continuing operations
$
0.53

 
$
0.51

 
$
0.51

 
$
0.58

Discontinued operations
$
(0.03
)
 
$
(0.05
)
 
$
(0.04
)
 
$
(0.05
)
Net income
$
0.50

 
$
0.46

 
$
0.47

 
$
0.53

*As adjusted for discontinued operations (Note 11)

(1) Revenues, operating income, income from continuing operations, discontinued operations, net of tax, and net income attributable to
Qualcomm 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.