Qualcomm Says ‘Strategy Is Working’ After Forecast Disappoints

  • CEO says the company can grow without Apple business
  • Qualcomm has no big acquisition targets lined up, CEO says
Qualcomm CEO Says Strategy Working, Confident in Targets
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Qualcomm Inc. Chief Executive Officer Cristiano Amon said the company’s push into new markets is going as planned, even after its outlook for revenue growth fell flat with investors.

“Our strategy is working,” he said Wednesday during a Bloomberg Television interview. “We’ve executed on what we said we were going to do.”