With an estimated revenue of $7.3B - 7.8B from Apple, assuming a 25% operating margin, which is slightly below Qualcomm's 2024 operating margin of around 26% and considering Apple's bargaining ...

Qualcomm is shifting its business strategy to reduce reliance on the smartphone segment, targeting new growth areas like PC, ...

Qualcomm is expanding into automotive and AI, positioning itself for future growth. Read more on what investors should know ...

However, while Qualcomm's third-quarter results were strong, the company's guidance for the December quarter, which expects mid-single-digit revenue growth, fell short of what investors hoped for.

In its third-quarter guidance, Qualcomm said it’s looking for revenue of $10.3 billion at the midpoint, slightly lower than Wall Street’s forecast of $10.35 billion.

Qualcomm said that its automotive business grew a 59% on an annual basis, to $959 million in sales. Its Internet of Things business rose 27% to $1.58 billion in revenue.

Qualcomm Technology Licensing (QTL) revenues remained flat at $1.32 billion. The segment’s revenues matched our estimates of $1.32 billion. EBT margin declined to 70% from 71%. Cash Flow & Liquidity ...

Shares of Qualcomm closed up about 1% to $148.46 on Wednesday, but later fell by almost 6% in after-hours trading. Qualcomm reported adjusted earnings of $2.85 a share for the March quarter - up ...