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Wireless

Qualcomm sees sales soften, lowers outlook

Thursday 19 July 2012 | 08:50 CET | News
Qualcomm has slightly lowered its market outlook for this year, saying it expects sales to be weighted towards the fourth quarter. It now expects around 905 million 3G/4G devices to be shipped this calendar year, down from an estimate three months ago of 915 million. It also narrowed guidance for its own revenues in the fiscal year to 30 September, to USD 18.7-19.1 billion, versus an earlier outlook of USD 18.7-19.7 billion. Revenues for fiscal Q4 are forecast flat sequentially and up 8-18 percent from a year earlier to USD 4.45-4.85 billion. In fiscal Q3, Qualcomm reported sales of USD 4.63

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Categories: Mobile & Wireless
Companies: Qualcomm
Countries: World
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