Qualcomm late Wednesday lowered its outlook for its fiscal year, citing in part a decline in its share at a large customer that it didn’t name but is widely believed to be smartphone giant Samsung. The maker of chips and licensor of technology for mobile products posted fiscal Q2 earnings and sales that beat Wall Street views, but its Q3 guidance missed expectations, and the CEO hinted at cost cuts. Qualcomm (QCOM) stock, which has fallen 16%
Cool emerging technology options are increasingly driving new-car buying, and it turns out that people are more interested in active safety features like collision protection than connected-car communications features. For the latter, though, drivers clearly side with whatever their preferred mobile phone operating system is: Apple (AAPL) iPhone users would go for the Apple CarPlay telematics standard on their infotainment head unit and Google
EBay gave investors a glimmer of hope as the company inches closer to splitting in two. The leading online auctioneer and e-commerce services company reported first-quarter earnings late Wednesday that beat analyst views as it works through challenges ranging from foreign exchange issues to increased competition with Amazon.com (AMZN) and changing habits of online shoppers. The company’s outlook for the current quarter was a mixed bag with