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Qualcomm Forecasts Weak Profit Amid Phone Woes and Apple Revenue Drop
Qualcomm issued a weak quarterly profit forecast, missing estimates and indicating ongoing challenges in the phone market, including an expected acceleration in the decline of revenue from Apple.
29 Jul, 20:02 — 29 Jul, 20:02
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Source Diversity
High (51/100)3 sources25/33
Spectrum spread— 3/5 buckets covered17/33
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Geographic diversity— 2 regions9/34
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bloombergHigh10d ago
Qualcomm Profit Forecast Misses Estimates in Sign of Phone Woes
Qualcomm Inc., the largest maker of smartphone processors, gave a weak profit forecast for the current quarter, signaling that component shortages and rising costs are taking a toll on its main market.
By Ian King
Read full article →cnbcMostly Factual10d ago
Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance
"Cost went up, prices are going to go up," Qualcomm CEO Cristiano Amon said in an interview.
Read full article →Coverage Timeline
First report: channel-news-asia · 29 Jul, 20:01|Full coverage: 3 · 1m|Window: 1m
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