Qualcomm Wins Ruling in China to Ban Some iPhone Sales

The transcript discusses the impact of recent events on a company, particularly in China, where newer models are gaining traction. Despite the financial impact being minimal, there is concern over headline risks and market perception. The company faces challenges with transparency and bearish market sentiment, leading to stock re-rating. Future visibility is clouded, with concerns about supplier issues and broader market deceleration.

What are the potential risks associated with the recent market trends?

In what ways has the visibility of the company's future performance changed?