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Qualcomm quarterly revenues down 27%, sees mixed Q1
2019-11-06 23:03:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported revenues for its fiscal fourth quarter down 27 percent year-on-year to USD 4.8 billion, as the resumption of licence payments from Apple was unable to offset the weakness in the smartphone market. The sales were at the low end of the company's guidance. Net earnings still increased, to USD 0.42 from a loss of USD 0.36 per share a year ago, thanks to fewer one-time charges and the group's share buyback programme.
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Category:Telecommunications