qualcomm's outlook indicates again no melt down of smartphone market
For fiscal Q4, Qualcomm guided revenue in the range of $5.9 billion to $6.6 billion. The midrange of $6.25 billion is roughly in line with the analyst forecast of $6.3 billion. It projects EPS in Q4 in a range of $1.02 to $1.10. The consensus estimate is $1.08.