Qualcomm Dips on Mixed Earnings and Legal Woes

Shares of Qualcomm (NASDAQ: QCOM) fell more than 5% on Thursday after the chipmaker delivered a mixed first-quarter earnings report that was overshadowed by concerns about its troubling legal issues. During the quarter, Qualcomm’s revenue rose 4% annually to $6 billion, missing estimates by $120 million. …read more

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