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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 168.09+1.8%Nov 28 9:30 AM EST
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From: Jon Koplik11/6/2025 2:37:01 PM
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Last night -- Bloomberg daily e-mail / QCOM comments : Qualcomm gave a bullish revenue forecast for the current period. Sales at the largest maker of smartphone processors will be roughly $12.2 billion in the fiscal first quarter, which runs through December, the company said in a statement Wednesday. Profit will be about $3.40 a share, minus certain items. Analysts had estimated revenue of $11.6 billion and earnings of $3.26 a share.

The outlook suggests that demand remains strong in the high-end Android phone market, which generates much of Qualcomm’s revenue. At the same time, Chief Executive Officer Cristiano Amon is working to transform the company into a more diversified seller of chips for cars, personal computers and data centers. And that effort is showing signs of paying off.

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Therefore :

SELL

SELL

SELL

Jon.

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