Qualcomm Q1 Lightens Fears Of Smartphone Slowdown

By | January 29, 2014

Scalper1 News

Mobile technology giant Qualcomm late Wednesday reported earnings and gave guidance that appeared to alleviate fears that slowing smartphone sales would pressure its growth. But the developer of wireless chips for mobile phones posted mixed results for its fiscal Q1, ended Dec. 29. Revenue rose 10% from the year-earlier quarter to $6.62 billion, missing analyst consensus estimates of $6.66 billion. But Qualcomm (QCOM) reported earnings per share, Scalper1 News

Scalper1 News