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Mixed results for Apple, Qualcomm, Corning, and Arm amid smartphone market shifts

The Motley Fool +1 · ·by G4L

AAPL Apple Inc
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  1. 1Apple recorded a 17% year-over-year increase in iPhone revenue for the September quarter.
  2. 2Qualcomm handset chip revenue decreased by 26% year-over-year for the quarter ended September 27.
  3. 3Arm recorded $670,000,000 in royalty revenue for the September quarter.

So what's the key point?

Apple saw an increase in iPhone sales, Qualcomm saw a decrease in chip revenue, and Arm generated revenue. Because results differ by company, the outcome is mixed for investors.

Source The Motley Fool +1 · View original ↗

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