July 29 : Qualcomm forecast fourth-quarter profit below Wall Street estimates on Wednesday, and said revenue from Apple products would decline faster than expected as supply constraints and rising costs weighed on its business.Shares of the San Diego, California-based company fell nearly 5 per cent in extende

"Cost went up, prices are going to go up," Qualcomm CEO Cristiano Amon said in an interview.

July 29 : Qualcomm forecast fourth-quarter profit below Wall Street estimates on Wednesday, and said revenue from Apple products would decline faster than expected as supply…

Shares of the company were down more than 4% in extended trading on Wednesday, while Apple shares were flat.