Scalper1 News
Qualcomm reported its slowest revenue growth in 15 quarters when it posted Q2 earnings late Wednesday. Sales missed Wall Street targets, but earnings beat. The leading supplier of cellphone chips reported revenue of $6.37 billion, missing estimates of $6.48 billion. Revenue rose 4% from the year-earlier quarter, breaking a string of 14 quarters of double-digit growth, as handset growth slows even in rising markets like China. But earnings per Scalper1 News
Scalper1 News