Qualcomm Expects Apple Modem Revenue to Drop Faster Than Expected

Qualcomm expects its Apple gross to diminution faster than it antecedently anticipated, Qualcomm CEO Cristiano Amon told Reuters successful an interrogation pursuing the company's net telephone for the 3rd fiscal 4th of 2026.



Amon chalked up the nonaccomplishment to proviso constraints, which volition trim the stock of Qualcomm components utilized successful the adjacent iPhone motorboat good beneath its earlier 20 percent estimate. Qualcomm expects the driblet successful Apple gross to commencement successful the 4th quarter.

Qualcomm is raising its prices starting September 1 to amended its borderline due to the fact that of expanding costs crossed the proviso chain. "We're conscionable passing done large outgo increases that we have," said Amon.

In fiscal 2027, Qualcomm is expecting astir of its spot income to travel from categories different than smartphones, and maturation successful its information halfway concern volition regenerate the Apple-related gross it collected successful fiscal 2026.

Apple developed its ain modem chips, which person been utilized successful the iPhone 16e, iPhone 17e, and iPhone Air. Rumors suggest Apple could modulation to utilizing much of its ain chips starting with the iPhone 18 lineup. Apple is moving connected a C2 modem spot rumored to present faster speeds and amended powerfulness ratio than Qualcomm modems.

Apple and Qualcomm person a patent licensing statement that lasts done March 2027, and it is not wide if Apple volition widen it again oregon determination to utilizing its ain modem chips crossed its full merchandise lineup.
This article, "Qualcomm Expects Apple Modem Revenue to Drop Faster Than Expected" archetypal appeared connected MacRumors.com

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