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Qualcomm’s Guidance Falls Short on Softening Phone Demand

By Xina Derwin
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Xina Derwin
Xina Derwin

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https://www.barrons.com/articles/qualcomm-earnings-stock-price-51675285886

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Qualcomm provided a revenue forecast for the March quarter below expectations, citing deteriorating demand for smartphones and a challenging macro environment.

Qualcomm stock (ticker: QCOM ) was down in after-hours trading.

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