Scalper1 News
Tough negotiations with and underreporting by Chinese smartphone makers stunted Apple (AAPL) chip supplier Qualcomm’s (QCOM) fiscal Q1 guidance and, on Thursday, shares continued a drastic plunge. In early-afternoon trading in the stock market today, Qualcomm stock was down 14%, near 52, following the chipmaker’s late Wednesday fiscal Q4 earnings report. For Q4, Qualcomm reported an 18% dip in sales to $5.5 billion and 91 cents earnings per share Scalper1 News
Scalper1 News