QUALCOMM MISSES Q4 OUTLOOK, APPLE REVENUE SET TO DECLINE
Qualcomm reported Q3 revenue of $9.95 billion, beating estimates but down 4% year-over-year. The chipmaker forecast Q4 profit below analyst expectations and warned of accelerating declines in Apple-related revenue.
Reuters: Qualcomm reports Q3 revenue down 4% YoY to $9.95B, vs. $9.67B est., forecasts Q4 profit below est., expects rev…
Jay Goldberg, Seaport Research Partners senior analyst, semiconductors and electronics, reacts to Qualcomm's weak profi…
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Todd Spangler / Variety: Apple reports Q3 revenue from Services, which includes the App Store, Apple TV, and more, grew…
Mark Gurman / Bloomberg: Apple forecasts Q4 revenue growth of 9% to 11% YoY, below a 12%+ estimate, citing supply constr…