Qualcomm Gives Murky Forecast, Glass Half Empty?

The video discusses Qualcomm's past growth in the smartphone market and its current challenges, including market saturation and legal disputes. The company faces antitrust issues in South Korea and the US, as well as a lawsuit from Apple. Despite these challenges, Qualcomm aims to maintain a strong partnership with Apple, leveraging its industry-leading technology. The company's financial performance remains robust, with strong margins driven by its licensing model. Qualcomm's business strategy focuses on designing innovative chips while outsourcing manufacturing.

What was the gross margin reported by Qualcomm, and what does it suggest about their sales?

What role does licensing play in Qualcomm's business model?