With an estimated revenue of $7.3B - 7.8B from Apple, assuming a 25% operating margin, which is slightly below Qualcomm's 2024 operating margin of around 26% and considering Apple's bargaining ...

Qualcomm is shifting its business strategy to reduce reliance on the smartphone segment, targeting new growth areas like PC, ...

Qualcomm is expanding into automotive and AI, positioning itself for future growth. Read more on what investors should know ...

The company's chipset business, which accounts for 86% of its total revenue, grew 11% year-over-year to $8.1 billion. Handset chip sales rose 12% to $5.9 billion, while automotive chip sales ...

In its third-quarter guidance, Qualcomm said it’s looking for revenue of $10.3 billion at the midpoint, slightly lower than Wall Street’s forecast of $10.35 billion.

Qualcomm’s business selling chips rose 18% on an annual basis to $9.47 billion in revenue during the quarter.

Qualcomm said that its automotive business grew a 59% on an annual basis, to $959 million in sales. Its Internet of Things business rose 27% to $1.58 billion in revenue.