# Qualcomm gives subdued quarterly profit forecast as component costs rise

_Published Wednesday, November 4, 2026 at 5:45 PM EST · Products · Latest · Tier 2 — Notable_

Qualcomm gave a lackluster profit forecast for the current quarter, Bloomberg reported. The outlook signals that the company, the largest maker of smartphone processors, continues to grapple with higher component prices that are weighing on its profit expectations.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-11-04/qualcomm-s-push-into-new-markets-helps-make-up-for-phone-slump)

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Canonical: https://techandbusiness.org/newswire/uoJ_mI0ITrU6TCQtTiGNX6
Published: 2026-11-04T22:45:54.151Z
Story chronology: 2026-11-04T21:01:36.000Z
Retrieved: 2026-11-05T01:50:30.864Z
Publisher: Tech & Business (techandbusiness.org)