Qualcomm reported a 7% revenue decline to $10.4 billion, slightly beating analyst expectations despite facing challenges from higher memory costs and a 26% drop in handset revenue to $5.1 billion. The decline is driven by weak smartphone demand and the loss of business from Apple, impacting overall sales. This signals ongoing pressure on Qualcomm's handset segment as the consumer electronics industry deals with rising component costs. Investors should watch how Qualcomm adapts to these challenges going forward.
Qualcomm's recent revenue challenges coincide with a notable drop in its stock price on Pluang. As of Nov 05, 2026 05:21 WIB, QCOM trades at USD 159.00, down 3.30% for the day. The stock's market cap stands at $175.58 billion, with a dividend yield of 2.24%, while 62% of Pluang users are selling and 38% buying, reflecting cautious sentiment amid ongoing sector pressures.
Qualcomm reported quarterly earnings that exceeded Wall Street expectations with adjusted EPS of $2.17 and revenue of $10.32 billion. However, the company issued a cautious forecast for the next quarter, expecting EPS between $2.15 and $2.35 and reve...
Qualcomm announced its financial results for the fourth quarter and fiscal year 2026, with details available on its Investor Relations website and the SEC. The company will hold a live conference call on November 4, 2026, to discuss these results, wi...
Arm's stock has dropped nearly 37% in one month, trading at a very high valuation with no dividend, making it risky for retirees. Qualcomm, despite a handset slump and a slight revenue decline, offers a 2.17% dividend yield, a much lower valuation, a...
The recent U.S. midterm election results reduced market uncertainty, boosting stocks while bond yields and oil prices fell amid expectations of political gridlock and limited major spending. Democratic control raises the likelihood of stricter fossil...
AMD is under pressure not only from Nvidia but also from Intel and Broadcom. Intel reported its strongest data center growth in 15 years, boosting demand for its Xeon server CPUs, directly competing with AMD's EPYC processors. Meanwhile, Broadcom's c...
