Apple supplier Qualcomm forecasts first-quarter sales above estimates

MacDailyNews
Nov 4, 2020, 4:35 pm396 pts
Apple supplier Qualcomm forecast first-quarter revenue above Wall Street estimates on Wednesday, as it ramps up chip sales for Apple Inc’s 5G iPhone 12 family. iPhone 12 models use Qualcomm’s X55 modem Reuters: Qualcomm, which makes the bulk of profits from its licensing business, said revenue from the unit…

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