CLAIM #51652 · Qualcomm Incorporated (QCOM) · 2026Q1 earnings call · Feb 4, 2026 · due Sep 30, 2029
“So we are on track to the commitments we made on the diversification revenues for the company for fiscal 'twenty-nine.”
Cristiano Amon · CEO
How to check this claim
Look at: Diversification (non-handset) revenue for the company, as previously guided for fiscal 2029
It came true if: Fiscal 2029 diversification revenue meets or exceeds the specific dollar target previously disclosed by management (e.g. automotive + IoT + data center revenue >= $22 billion, per prior company guidance)
Where: Company-disclosed segment revenue (10-K / investor day materials / earnings call commentary for fiscal 2029)
In context
“Not only from a power consumption, but also from an overall TCO. Compute density, memory density. And we're really focused on execution. The feedback we have been given from a lot of the large companies on the technical side and on the product side is very positive. Now the ball is in our courts to execute have harder available and that kind of show the results. And or just going to be continue doing that. Operator: Thank you. That concludes today's question and answer session. Mr. Amon, do you have anything further to add before joining the call? Cristiano Amon: The only thing I want to add, look, it's unfortunately, I think that the whole is impacted by memory, but we remain incredibly encouraged about I think the foundation we set up with the company to be relevant to many industries. So we are on track to the commitments we made on the diversification revenues for the company for fiscal 'twenty-nine. We have in a record time, I think being having a very good traction in the future opportunity of robotics, physical AI and a robot is the best example I can provide other than autonomous driving of what Edge AI is. And we believe that we are creating really a completely different company with relevance in many, many markets. And we'll just continue to execute. I think on our roadmap. I would like to thank all of our partners suppliers, they're dealing with us in this memory shortage. And our employees. And we look forward to talk to you next quarter. Operator: Ladies and gentlemen, this concludes today's conference call. You may now disconnect.”
Verify independently
SEC filings for QCOM ↗ · Claim quote is verbatim from the 2026Q1 earnings call.