Qualcomm has perfect 20-20 vision: Chip sales down 20%, shipments down 20%, licensing down 20%...
This is fine, everything's fine, CEO assures analysts on call. Look, we made $1bn in profit! Despite revealing licensing and chip sales fell by 20 per cent in its latest quarter, shares in Qualcomm managed to hold steady in after-hours trading on Wednesday. They were up a tad over two per cent to $51.40 apiece following a bold outlook for the year."