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Qualcomm gives grim outlook as smartphone sales stay weak

CEO Cristiano Amon said on a call to investors, "we have not seen evidence of meaningful recovery and are not incorporating improvements into our planning assumptions." ....

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Qualcomm outlook grim as smartphone sales stay weak

By Chavi Mehta, Jane Lanhee Lee and Stephen Nellis (Reuters) -Qualcomm Inc on Wednesday forecast third-quarter revenue and profit below Wall Street estimates, saying the smartphone industry would take longer to use up excess chips ....

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Qualcomm gives grim outlook as smartphone sales stay weak

Qualcomm Inc on Wednesday forecast third-quarter revenue and profit below Wall Street estimates, saying the smartphone industry would take longer to use up excess chips before fresh orders flow in. ....

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