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85/100 Bearish 29.07.2026 · 21:37 Finrend AI ⏱ 1 dk 👁 5 TR

Qualcomm Issues Weak Profit Forecast, Expects Accelerated Revenue Decline from Apple

Qualcomm has issued a weak profit forecast for the current quarter, predicting an accelerated decline in revenue from Apple. The company cited a slowdown in the smartphone market as a key factor, with revenues expected to fall short of expectations. This is linked to Apple's accelerated transition to its own modem chips, as Apple is one of Qualcomm's main customers. Qualcomm's financial guidance led to a decline in its stock price. Investors are concerned that Apple's reduced reliance on Qualcomm could negatively impact the company's revenues in the long term. Despite these challenges, Qualcomm emphasized its focus on growth opportunities in new areas such as automotive and the Internet of Things. Analysts noted that Qualcomm's profit margins are narrowing, and weak demand in China, along with global macroeconomic uncertainties, are also pressuring the company's performance. The company's earnings per share forecast fell below market estimates. Qualcomm aims to navigate this period through cost-cutting measures and efficiency improvements. This is not investment advice.

📊 GOOGL — Piyasa Yorumu

▼ down · 60%

The news headline signals a negative consumer demand outlook that could impact GOOGL's advertising revenue. Although the RSI at 58 remains in neutral territory, the MACD above its signal line indicates a short-term bullish trend. However, the recent 5.2% closing gain may partially offset the negative impact of the news. Overall, weak sector news and expectations of a decline in Apple's revenue could lead to a short-term correction or profit-taking in GOOGL shares.

RSI 14
58.2
MACD
1.87
24h Δ
5.22%

📊 AAPL — Piyasa Yorumu

▼ down · 65%

Expectations of an accelerated revenue decline at Apple and a weak profit forecast from Qualcomm point to weakening demand in the technology sector. Technically, the price has closed below the 20-day moving average and has fallen below the MACD signal line. Although the RSI is in neutral territory at 52, momentum appears to be weakening. Selling pressure is likely to persist in the short term.

RSI 14
52.4
MACD
2.68
24h Δ
1.75%

📊 QCOM — Piyasa Yorumu

▼ down · 75%

The news headline paints a highly negative picture due to Qualcomm's weak earnings forecast and expectations of an accelerating revenue decline at Apple. Technical indicators support this view: although the RSI at 27 is near oversold territory, the MACD is giving a sell signal, and the price is well below both the 20-day and 50-day moving averages. The 7% drop in the last 24 hours indicates continued selling pressure. Given the negative news flow and weak technical structure in the short term, the downtrend is expected to persist.

RSI 14
27.0
MACD
-2.87
24h Δ
-7.10%
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