Scalper1 News
A slower-than-expected ramp of new smartphones in China is rippling through Qualcomm (QCOM), sending its stock down Thursday after its posted fiscal Q2 revenue late Wednesday that missed Wall Street expectations. Qualcomm quarterly earnings, however, beat expectations. Qualcomm, the largest maker of cellphone chips, said it was hit by a slower-than-expected rollout of 4G cellphones in China, as well as by weaker-than-expected North American Scalper1 News
Scalper1 News