Qualcomm Shares Drop 5.75% After Hours as Q1 Earnings…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
Qualcomm Beats Q4 Estimates as Handset Revenue Falls 26% Qualcomm beat Wall Street's fiscal fourth-quarter earnings and revenue estimates, but a weaker-than-expected earnings outlook and a 26% decline in handset revenue put renewed attention on how quickly automotive and data center businesses can offset pressure in its core smartphone operation. The chipmaker reported fiscal Q4 GAAP revenue of $1…