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channelnews : Qualcomm Beats Revenue Estimates But Falls Short Of Investor Hopes
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channelnews : Qualcomm Beats Revenue Estimates But Falls Short Of Investor Hopes
Chip giant Qualcomm has posted stronger-than-expected quarterly results but its shares dipped 3% amid muted investor reaction. The company reported US$11.3 billion in revenue for the September quarter, up 10% year-on-year and ahead of analyst forecasts. Adjusted profit came in at US$3 a share, topping expectations of US$2.88. Qualcomm also projected first-quarter sales of about...
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