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Qualcomm Shares Slide as Smartphone Chip Revenue Falls 26%

Qualcomm reported fourth-quarter fiscal 2026 results on 4 November. Reuters said handset chip revenue fell 26% to $5.14 billion, while chip-segment revenue declined 8% to $9.02 billion, as sluggish smartphone DemandHow much buyers want at a given price. Stronger demand can make buyers compete with higher offers.Read More and reduced Apple-related sales weighed on the business. Qualcomm provided a fiscal first-quarter revenue outlook of $10.4 billion to $11.2 billion and projected chip-design operating margins of 20%–22%, below the prior quarter’s 24%, according to Barron’s. Shares fell in extended TradingTaking positions over a shorter horizon to capture price movement. The work is managing risk and decisions, not simply being right.Read More; the quoted percentage varies with observation time.

Qualcomm reported weaker fiscal fourth-quarter 2026 chip sales as slowing smartphone demand and reduced Apple-related business weighed on performance. Handset chip revenue declined 26% to $5.14 billion, while overall chip-segment revenue fell 8% to $9.02 billion. The company forecast first-quarter revenue of $10.4 billion to $11.2 billion and projected chip-design operating margins of 20%–22%, below the previous quarter's 24%. Qualcomm shares declined in after-hours trading as investors assessed the weaker handset performance and MarginThe amount your broker sets aside as collateral to open and hold a leveraged position. It is not a fee and it is not your risk limit.Read More outlook.

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