Qualcomm current-quarter revenue forecast falls short, shares drop

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Qualcomm current-quarter revenue forecast falls short, shares drop
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Qualcomm Inc on Wednesday forecast current-quarter revenue largely below Wall St...

FILE PHOTO: A Qualcomm sign is seen during the China International Import Expo , at the National Exhibition and Convention Center in Shanghai, China November 6, 2018. REUTERS/Aly Song

The gloomy forecast comes a day after Apple said sales in China, the world’s largest smartphones market, were stabilizing, helped by price cuts and lower taxes.

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