Qualcomm reported Q3 sales of $10.37 billion, exceeding analyst estimates

On Wednesday, Qualcomm, the world’s largest supplier of modem chips, shared an optimistic quarterly forecast, reporting a 10% year-on-year revenue increase for its fiscal third quarter with chip segment sales at $10.37 billion, just barely surpassing the estimates of analysts which was $10.35 billion.  Unfortunately, the company’s dependence on high-end smartphone chips and the impending […]

Source: cryptopolitan.com (Read Full Article)