Qualcomm Forecasts Lower Quarterly Profit, Expects Accelerated Apple Revenue Decline
Qualcomm forecasted a fourth-quarter profit below Wall Street estimates, citing faster-than-expected revenue declines from Apple products due to supply constraints and rising costs. CEO Cristiano Amon announced plans to raise prices starting September 1 to offset increased supply chain expenses. The company expects its chip sales to shift away from smartphones, with data center and other non-handset businesses projected to replace Apple-related revenue by fiscal 2027, signaling a strategic pivot toward growth in AI and data-center markets.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 38/100.
Outlets measured: economictimes, mint. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (48–52/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
mint broke this story on 29 Jul, 08:05 pm. Other outlets followed.