UPDATE 4-Qualcomm chip sales indicate some smartphone strength [Reuters]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Reuters
Qualcomm profit tops estimates on higher modem chip sales | Reuters Reuters Staff 5 Min Read (Reuters) - U.S. chipmaker Qualcomm Inc’s ( QCOM.O ) quarterly profit and revenue topped Wall Street forecasts, suggesting that a slowdown in the global smartphone business might be less severe than feared after a string of weak forecasts from suppliers in recent weeks. But CEO Steve Mollenkopf acknowledged publicly that a critical deal may ultimately be caught up in broader trade tensions between the United States and China, saying that a delay in Chinese regulatory approval of Qualcomm’s $44 billion proposed acquisition of NXP Semiconductors ( NXPI.O ) “is probably more related” to bilateral relations than the deal itself. The results announced on Wednesday, particularly in Qualcomm’s smartphone chip business, were in contrast to those from major mobile phone components makers in Asia including TSMC ( 2330.TW ) and SK Hynix Inc ( 000660.KS ), which have warned of slower growth in the
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QCOM
News
- Insights Into Qualcomm (QCOM) Q2: Wall Street Projections for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Qualcomm Announces Shortlisted Startups for Qualcomm Make in Africa 2024 and Awards 2023 Wireless Reach Social Impact Fund [Yahoo! Finance]Yahoo! Finance
- Hologram Market to Reach $20.1 billion, Globally, by 2032 at 21.5% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- Rokid Unveils Rokid AR Lite [Yahoo! Finance]Yahoo! Finance
- QUALCOMM Incorporated (NASDAQ: QCOM) is now covered by analysts at Benchmark Co.. They set a "buy" rating and a $200.00 price target on the stock.MarketBeat
QCOM
Earnings
- 1/31/24 - Beat
QCOM
Sec Filings
- 4/4/24 - Form 4
- 4/4/24 - Form 144
- 4/2/24 - Form 4
- QCOM's page on the SEC website