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Friday, 24 March2023

Qualcomm Earnings Miss Street Estimates as Smartphone Market Slows

Qualcomm Earnings Miss Street Estimates as Smartphone Market Slows

<p>Qualcomm has reported earnings that are below street expectations as the smartphone market experiences a slowdown. The company&#39;s revenue and profits have been impacted by a decline in demand for smartphones and a decrease in the average selling price of devices. Despite the challenges, Qualcomm remains optimistic about the future and is investing in 5G and other emerging technologies to drive growth and stay competitive.&nbsp;</p>

Read full story at Reuters
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