Tag Archives: qcom

Qualcomm Earnings Reflect Smartphone Market Maturity

Qualcomm (QCOM) will report quarterly earnings after the market close Wednesday amid growing saturation in the smartphone market, a potential hurdle for the No. 1 maker of cellphone chips as its stock today reached a more-than 14-year high. The company is expected to report revenue of $6.52 billion for its fiscal Q3 ended June 30, up 4.5% from the year-earlier quarter. The slowdown in revenue growth largely reflects a maturation at the high end of

Qualcomm Fiscal Q3 Estimates Trimmed By Goldman Sachs

Goldman Sachs lowered its June- and September-quarter estimates for Qualcomm (QCOM), saying mobile phone demand has been weak of late pending the expected launch of Apple’s (AAPL) iPhone 6 and China’s ramp up of 4G data services. Goldman Sachs removed Qualcomm from its “conviction list,” but maintained a buy rating with a 95 price target. Qualcomm edged down a fraction in early trading in the stock market today, near 80. Qualcomm is scheduled to

Qualcomm Fiscal Q3 Views Trimmed By Goldman Sachs

Goldman Sachs lowered its June- and September-quarter estimates for Qualcomm (QCOM), saying mobile phone demand has been weak of late pending the expected launch of Apple’s (AAPL) iPhone 6 and China’s ramp up of 4G data services. Goldman Sachs removed Qualcomm from its “conviction list,” but maintained a buy rating with a 95 price target. Qualcomm edged down a fraction in early trading in the stock market today, near 80. Qualcomm is scheduled to