Qualcomm Inc reported a steep fall in third-quarter profit as Apple's contract manufacturers withheld royalties that they were expected to pay to Qualcomm. — Reuters
Qualcomm Inc forecast fourth-quarter profit below analysts' estimates as the company's escalating patent battle with Apple Inc continues to take a toll on its licensing business.
Shares of the company were down 2.3% at US$55.40 (RM237.71) after the bell on July 19.
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