Key facts: Q4 Revenue Falls 8%; SpaceX 5G, AWS $60B, $15B Data Goal

What happened

QUALCOMM reported fiscal fourth-quarter revenue down 8% to $10.32 billion and adjusted earnings per share down 28% to $2.17. It forecast first-quarter revenue of $10.4–$11.2 billion and earnings per share of $2.15–$2.35, while announcing deals with SpaceX and Amazon.

Confirmed

Global impact / market context

The lower quarterly results and forecast point to pressure on QUALCOMM’s near-term sales and earnings. At the same time, its SpaceX and Amazon agreements could create new revenue streams in mobile connectivity and custom AI chips, potentially reducing reliance on handset sales over time.

Analyst inference

The article says handset revenue is declining as Apple shifts to in-house modems, while QUALCOMM expects automotive, data center and Internet of Things businesses to grow over 60% in fiscal 2027. That transition may determine whether newer businesses offset weaker handset demand.

Analyst inference

What to watch

1. Check whether first-quarter revenue and earnings fall within QUALCOMM’s stated ranges of $10.4–$11.2 billion and $2.15–$2.35 per share. Confirmed
2. Watch for details on the SpaceX and Amazon agreements, including when purchases begin and how much revenue they actually generate; the article gives no delivery schedule. Analyst inference
3. Track whether automotive, data center and Internet of Things growth can offset declining handset revenue as Apple moves to its own modems. Analyst inference

Evidence

• Original source link unavailable