Qualcomm (QCOM) Q4 2023 Earnings Call Transcript
QCOM earnings call for the period ending September 30, 2023.
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QCOM earnings call for the period ending September 30, 2023.
After four quarters of decline in its mainstay smartphone business, Qualcomm is starting to see an end to the inventory pile-up in the Android business, with fresh orders coming in for its chips. Its revenue and profit projections for the last three months of the year were both above Wall Street estimates, with the company predicting a 35% quarter-on-quarter rise in sales to Chinese smartphone customers. CEO Cristiano Amon said Qualcomm expects to retain a "majority share" of the chips in Samsung's forthcoming S24 line of phones and does not expect Huawei's re-entry into ...
After four quarters of decline in its mainstay smartphone business, Qualcomm is starting to see an end to the inventory pile-up in the Android business, with fresh orders coming in for its chips.
Qualcomm Inc (NASDAQ: QCOM) shares were climbing in early trading on Thursday, after the company reported upbeat quarterly earnings.
REFINITIV STREETEVENTS EDITED TRANSCRIPT QCOM.OQ - Q4 2023 Qualcomm Inc Earnings Call ...