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Qualcomm reports 'milestone quarter' as 5G proliferates

Apple modem supplier Qualcomm rode the 5G wave to a Wall Street beat for its fourth fiscal quarter of 2020, and expects momentum to build heading into the December period.Qualcomm X55 modem.Qualcomm reported revenue of $6.5 billion for the quarter ending in September, with net income up 76% year-over-year. That figure easily beat analyst consensus of $5.93 billion, reports CNBC. Read more…
Source: Apple Insider News and Secrets on New Apple Products

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