Tag Archives: Defends

Qualcomm Misses Revenue Estimates, Defends Licensing Model

Qualcomm Inc reported a lower-than-expected 3.9 percent rise in quarterly revenue on Wednesday, and defended its licensing model in the face of multiple legal challenges over its alleged “anticompetitive” tactics. The company’s shares were down 3.8 percent at $54.75 in aftermarket trading. The US Federal Trade Commission and Apple Inc have sued Qualcomm accusing it of resorting to… Read More »