Miraculous. Qualcomm, the folks that bring you Snapdragon chips, the ones going in basically every big-name superphone coming out in the near future. In addition to their First Quarter Results showing a 39% increase in Net Income when compared to exactly one year ago, their Non-GAAP Revenues have gone up 25% as well over the past year, from $2.67 billion to $3.35 billion. Massive amounts of cash flying around here. Why have profits increased so much at this time when smartphones are taking over the mobile market? Why, that's both the question and the answer, of course!
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