Qualcomm’s earnings report and tipster call for delay of Apple’s 5G iPhone 12 series

OSTN Staff

the results of its fiscal third quarter that ended on June 28th. Revenue for the three months came in at $4.89 billion which was flat with the prior year’s fiscal third-quarter revenue after deducting $4.7 billion received from a settlement with in 2019. Earnings of $845 million or 74 cents per share were up 8% on an annual basis and also topped estimates of 71 cents a share.
Qualcomm reaches a settlement with Huawei and now has licensing agreements with all major phone manufacturers
While the numbers were good, the big story is that Qualcomm reported …

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