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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 177.78-2.2%Jan 9 9:30 AM EST
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From: JoannesBros11/19/2024 4:45:35 PM
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From today's Investor Day, Qualcomm targets IoT revenue of $14 billion in FY 29 vs $5.4 billion in FY 24.

The breakdown is :

PC $4 billion
XR $2 billion
Industrial $4 billion
Other $4 billion includes tablets, watches, etc.

Qualcomm also targets $8 billion in auto revenue in FY 2029

Qualcomm also lowered the target dividend increase each year from the high single/low double digit % to low to mid single digit % increase.
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