Galaxy S25 phones help drive record Qualcomm Q1 2025 revenue to $11.6 billion

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Galaxy S25 phones help drive record Qualcomm Q1 2025 revenue to $11.6 billion - Android Central

Quick Summary:

Qualcomm's earnings call was optimistic about smart glasses and automotive AI, but warned about flagging Android phone sales hurting business in 2025.

"We remain optimistic that we are at the beginning of an inflection point for smart glasses to gain scale," Amon said, which lines up with Meta CEO Mark Zuckerberg's comments during his recent earnings call that he hopes to see "hundreds of millions, and eventually billions of AI glasses".

In the shorter term, Qualcomm's executives warned that Q2FY2025 — or January through March 2025 — will see a "decline in QCT handset revenues" from $10 billion to as low as $8.9 billion.