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As Apple Weighs on Qualcomm's Earnings, 5G Can't Take Off Soon Enough

Eric Jhonsa

July 25 earnings call, the term "5G" was said 39 times. A look at the mobile chip and patent giant's December quarter sales and earnings guidance drives home why it's eager to talk so much about 5G phone and network rollouts that are expected to start in earnest next year. After the bell on Wednesday, Qualcomm reported September quarter (fiscal fourth quarter) revenue of $5.83 billion (down 2% annually) and non-GAAP EPS of $0.90, topping consensus analyst estimates, respectively, of $5.53 billion and $0.83.