finance.yahoo.com

Qualcomm sees handset weakness, non-handset growth accelerates and Stellantis expands deal

QUALCOMM logoQUALCOMM
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Stellantis logoStellantis
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Qualcomm expects non-handset revenue growth to accelerate from 24% in fiscal 2026 to over 60% in fiscal 2027, with non-handsets comprising more than half of CDMA Technologies revenues. It now expects iPhone modem share to be materially below 20% as Apple product revenue falls about 50% sequentially. Margins declined to a 26% EBITDA-before-taxes rate, with fiscal Q4 guidance at 23%-25%. Stellantis expanded its multi-year collaboration in 2026.

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