12.3 C
New York
Friday, April 19, 2024

Qualcomm warns of sales hit from cooling smartphone demand

July 27 (Reuters) – Qualcomm Inc (QCOM.O) forecast fourth-quarter revenue below Wall Street targets on Wednesday, bracing for a difficult economy and a slowdown in smartphone demand that could hurt its mainstay handset chip business. Shares of the San Diego-based company fell about 2.8% in extended …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,351FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x