Qualcomm Says Apple Modem Revenue Will Fall Faster Than Expected
30 July 2026 at 07:00
Qualcomm says revenue from Apple will decline faster than previously expected as supply constraints reduce its share of components in Apple's next iPhone launch to well below the company's earlier 20 percent estimate. CEO Cristiano Amon told Reuters the decline will begin in the fourth quarter as Apple continues its years-long effort to replace Qualcomm's modem chips with its own in-house technology.
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