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Qualcomm reports Q2 revenue of $4.98B, down 4.6% YoY, profit of $663M, up from $330M YoY, but lackluster Q3 guidance due to weak demand for smartphones in China (Ian King/Bloomberg)
Ian King / Bloomberg: Qualcomm reports Q2 revenue of $4.98B, down 4.6% YoY, profit of $663M, up from $330M YoY, but lackluster Q3 guidance due to weak demand for smartphones in China — - CEO points to ongoing soft demand in biggest market for phones — Apple licensing terms will be ‘consistent’ with program
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LG's mobile division continues its slide into irrelevance with Q1 loss of $181M on sales of just $1.34B, down 30% YoY and its lowest in at least eight years (Jon Russell/TechCrunch)
Jon Russell / TechCrunch: LG's mobile division continues its slide into irrelevance with Q1 loss of...
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FCC fixes an error in its broadband deployment data, now says 21.3M Americans were without broadband at the end of 2017, up from the originally reported 19.4M (Jon Brodkin/Ars Technica)
Jon Brodkin / Ars Technica: FCC fixes an error in its broadband deployment data, now says...
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Fitbit reports Q1 revenue of $271.9M, up 9.7% YoY and beating analyst expectations of $259.7M, as smartwatch device sales were up 117% YoY (Brian Heater/TechCrunch)
Brian Heater / TechCrunch: Fitbit reports Q1 revenue of $271.9M, up 9.7% YoY and beating analyst...