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CLAIM #51194 · Qualcomm Incorporated (QCOM) · 2022Q2 earnings call · Apr 27, 2022 · due Nov 1, 2026

So we feel pretty good about ability to meet what we outlined at Analyst Day.

Cristiano Amon · CEO

PENDING
graded after results covering Nov 1, 2026 are reported

How to check this claim

Look at: Automotive segment revenue, annual run-rate basis

It came true if: Automotive revenue on track to reach approximately $3.5 billion by fiscal year-end 2026 (within 5-year horizon from Analyst Day)

Where: Company-reported automotive segment revenue (10-K / quarterly earnings releases)

In context

we could go back and revisit some assumptions from the Analyst Day. I think you guys had talked about getting to $3.5 billion in revenue on sort of a 5-year basis. You're running maybe 1/3 of that now, but the pipeline is expanded dramatically. So maybe you could talk a little bit about the visibility on revenue and how you're thinking about the numbers that you laid out at the Analyst Day for that strong automotive growth. Cristiano Amon: Thanks for the question, Matt. No, look, I think the simple answer to your question, it's looking really good. The way you should think about that is as the cars are really becoming connected computer on wheels, the digital chassis assets of Qualcomm is really resonating with carmakers. And we're probably winning ahead even of our original projections. So we feel pretty good about ability to meet what we outlined at Analyst Day. Matthew Ramsay: As a follow-up, just on the handset business, I think it's notable that the significant, I guess, share expansion that you guys are highlighting at Samsung. And if you go back to the Analyst Day, I think you guys talked about growing QCT handset revenue sort of in that 12% range either -- even while Cupertino came out of share in the 2023 phone in a pretty significant way. So I guess there were some questions at that time about the ability to grow through the next 2 or 3 years Android revenue in such a significant way. So Cristiano, are you thinking about the content and share expansion at Samsung as being sustainable? And how is the RF attached on that expansion and share at Samsung trending? Cristiano Amon: Great question, Matt. Look, I wanted to point it out. It's a pre

Verify independently

SEC filings for QCOM · Claim quote is verbatim from the 2022Q2 earnings call.