Qualcomm forecasts quarterly profit above estimates, with CEO Cristiano Amon expecting a modest recovery for the smartphone industry in 2024. The company anticipates flat Android revenues and beats profit forecasts amid an AI push, although stock slips due to warnings of slow smartphone recovery.
Qualcomm, the world’s biggest seller of smartphone processors, is expecting a modest recovery for the industry in 2024, with phone shipments getting stronger. Here is what CEO Cristiano Amon had to say👇 https://t.co/sbInhzME6a https://t.co/yWvdBSPXUj
Qualcomm beats the street’s estimates but warns of slow smartphone recovery https://t.co/xsc7G8EURi
Qualcomm profit forecast beats estimates amid AI push, stock slips https://t.co/BcltNfRUIO https://t.co/X7Qg3qRSjR
$QCOM | Qualcomm Said Anticipate Android Revenues Will Be Approximately Flat QoQ -Conf Call
Qualcomm forecasts quarterly profit above estimates, shares rise https://t.co/A1DdCNPR9N https://t.co/Xr2tmDA81J