Annual report pursuant to Section 13 and 15(d)

Summarized Quarterly Data (Unaudited)

v3.8.0.1
Summarized Quarterly Data (Unaudited)
 12 Months Ended
Sep. 24, 2017
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 2017 and 2016 (in millions, except per share data):
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
2017 (1)
 
 
 
 
 
 
 
Revenues
$
5,999

 
$
5,016

 
$
5,371

 
$
5,905

Operating income (2)
778

 
729

 
773

 
333

Net income (2)
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

 
 
 
 
 
 
 
 
2016 (1)
 
 
 
 
 
 
 
Revenues
$
5,775

 
$
5,551

 
$
6,044

 
$
6,184

Operating income
1,685

 
1,415

 
1,592

 
1,804

Net income
1,496

 
1,164

 
1,443

 
1,599

Net income attributable to Qualcomm
1,498

 
1,164

 
1,444

 
1,599

 
 
 
 
 
 
 
 
Basic earnings per share attributable to Qualcomm (3):
$
1.00

 
$
0.78

 
$
0.98

 
$
1.08

Diluted earnings per share attributable to Qualcomm (3):
0.99

 
0.78

 
0.97

 
1.07

(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 income and net income in the fourth quarter of fiscal 2017 were negatively impacted by a $778 million charge related to the TFTC fine.
(3)
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.