Qualcomm Says China Phone Market Almost Back to Usual Levels [Yahoo! Finance News]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Yahoo! Finance News
) -- Qualcomm Inc. gave a solid sales forecast for the current quarter and said demand is close to returning to normal levels in the biggest market for smartphones -- China.Revenue will be $4.4 billion to $5.2 billion in the period ending in June, the San Diego-based company said Wednesday in a statement. Analysts, on average, estimated $4.77 billion, according to data compiled by . Profit, excluding some items, will be 60 cents to 80 cents a share, the company said.“You’re going to see improvements coming out of June, if China is any model,” Chief Executive Officer Steve Mollenkopf said in an interview. In China, smartphone demand is “very close to the level it would be normally but the mix of 5G is better than we expected.”Investors are looking to Qualcomm’s projections for an indication of how quickly China, the world’s most populous nation, can get back on its feet after locking down much of the country earlier this year. The signs from China may provide clues for how the European
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QCOM
Earnings
- 11/5/25 - Beat
QCOM
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 144
- 11/21/25 - Form 4
- QCOM's page on the SEC website