CEO Steve Mollenkopf. Image source: Qualcomm.
Mobile chip giant Qualcomm (NASDAQ: QCOM) reported fiscal first-quarter results last night. While the results as well as guidance mostly topped analyst expectations, Apple‘s (NASDAQ: AAPL) recent lawsuit against the company expectedly dominated the subsequent earnings call (“Apple” was mentioned 74 times). For good reason, too, since Apple is widely considered Qualcomm’s largest customer, combined with the fact that the lawsuit threatens Qualcomm’s licensing model.