Annual report pursuant to Section 13 and 15(d)

Summarized Quarterly Data (Unaudited)

v3.10.0.1
Summarized Quarterly Data (Unaudited)
 12 Months Ended
Sep. 30, 2018
Quarterly Financial Data [Abstract]  
Summarized Quarterly Data (unaudited)
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 2018 and 2017 (in millions, except per share data):
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
2018 (1)
 
 
 
 
 
 
 
Revenues
$
6,068

 
$
5,261

 
$
5,599

 
$
5,803

Operating income (loss) (2)
29

 
441

 
925

 
(654
)
Net (loss) income (2)
(5,953
)
 
363

 
1,219

 
(493
)
 
 
 
 
 
 
 
 
Basic (loss) earnings per share (3):
$
(4.03
)
 
$
0.25

 
$
0.82

 
$
(0.35
)
Diluted (loss) earnings per share (3):
(4.03
)
 
0.24

 
0.82

 
(0.35
)
 
 
 
 
 
 
 
 
2017 (1)
 
 
 
 
 
 
 
Revenues
$
5,999

 
$
5,016

 
$
5,371

 
$
5,905

Operating income
778

 
729

 
773

 
333

Net income
681

 
749

 
865

 
168

Net income attributable to Qualcomm
682

 
749

 
866

 
168

 
 
 
 
 
 
 
 
Basic earnings per share attributable to Qualcomm (3):
$
0.46

 
$
0.51

 
$
0.59

 
$
0.11

Diluted earnings per share attributable to Qualcomm (3):
0.46

 
0.50

 
0.58

 
0.11

(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)
Operating loss and net loss in the fourth quarter of fiscal 2018 were negatively impacted by a $2.0 billion charge related to the NXP termination fee. Net loss in the first quarter of fiscal 2018 was negatively impacted by a $5.9 billion provisional charge to income tax expense due to the effects of the Tax Legislation. Additionally, operating income and net loss in the first quarter of fiscal 2018 were negatively impacted by a $1.2 billion charge related to the EC fine.
(3)
(Loss) earnings per share and 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 (loss) earnings per share amounts may not equal the annual amounts reported.