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Qualcomm earnings blow past estimates, sending stock higher

Qualcomm earnings blow past estimates, sending stock higher
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QCOM Stock: Qualcomm Delivers Beat-And-Raise Q4 | Investor's Business Daily

QCOM Stock: Qualcomm Delivers Beat-And-Raise Q4 | Investor's Business Daily
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For chip makers, the flip from shortage to glut intensifies

Qualcomm joined a chorus of companies cutting costs, saying it curtailed spending and froze hiring as electronics manufacturers are slowing chip orders.

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Qualcomm Forecasts Dip In Sales As Smartphone Demand Slows Down

The company is bracing for a difficult economy and a slowdown in smartphone demand that could hurt its mainstay handset chip business, , qualcomm

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Qualcomm warns of sales hit from cooling smartphone demand

The company now expects smartphone sales to fall 5% this year, compared with its prior outlook for flat growth. IDC had projected a 3.5% drop in smartphone shipments.

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