Qualcomm reports quarterly loss on $6 billion tax charge

(Reuters) – Qualcomm Inc on Wednesday reported a loss for the first fiscal quarter as the chipmaker took a $6 billion one-time charge because of new U.S. tax laws.

Source: Reuters

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>