Qualcomm CFO warns falling Apple revenue will dent its December quarter
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Qualcomm’s CFO warned that lower Apple-related revenue will weigh on the company’s December quarter, making its diversification into automotive and IoT more critical to offset the decline. The warning matters because Apple remains a major Qualcomm customer, so even as Qualcomm pushes into new segments, weaker Apple demand can still pressure overall financial results. Investors will watch whether automotive and IoT growth can sufficiently cushion the Apple shortfall in the coming quarter.
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