Qualcomm Inc
QCOM: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|W> | LOCK|?$Lg | LOCK|<Rzl%^ |
Qualcomm Earnings: Slight Miss in Handset Semis, but Diversification Remains on Track
Qualcomm reported fiscal third-quarter revenue of $10.4 billion, down 6% sequentially but up 10% year over year and above the midpoint of guidance. Qualcomm’s outlook for the September quarter calls for $10.7 billion of revenue, which would represent a deceleration to 4.5% year-over-year growth.
