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Qualcomm Stock Is Falling on Weak Guidance. Smartphone Demand Keeps Getting Worse.

Por: MarketWatch Business May 03, 2023

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But the bad news was ‘s (ticker: QCOM) guidance. It forecast a revenue range for the current quarter of $8.1 billion to $8.9 billion, below analysts’ consensus of $9.1 billion. “As we navigate this challenging environment, we remain focused on the critical factors we can control to emerge stronger from this downturn—our leading technology road map, best-in-class product portfolio, strong customer relationships and operational... + full article



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