TechQualcomm Profit Forecast Misses Estimates, Signaling Smartphone Woes
Qualcomm, the largest maker of smartphone processors, issued a weak profit outlook for the current quarter. The forecast fell short of estimates and points to mounting strain in the company’s main market. Component shortages and rising costs are weighing on smartphone-related business. The warning signals broader difficulties for the phone market.
B
Qualcomm Profit Forecast Misses Estimates, Signaling Smartphone Woes
Tech