,

Qualcomm 3Q 2015 #QCOM earnings released today shows slight earning beat, massive 15% layoff plan.

 

QCOM 3Q 2015 Earnings

 

 

Qualcomm (#QCOM) earnings was released today after close of trading.  Earnings slightly beat analyst estimates, and company also revealed a restructuring plan to cut a massive 15% of its workforce.

Qualcomm took a big hit when Samsung decided to use its own chip in the Samsung Galaxy S6 instead of the Snapdragon.

Android phones that uses Qualcomm processors include:

#HTCOneM9
#LGGFlex2
#LGG4
#Nexus6
#SamsungGalaxyNoteEdge
#SamsungGalaxyNote4
#OppoN3
#HTCDesireEye
#SamsungGalaxyAlpha
#VertuAster
#MotoX
#SonyXperiaZ3
#SamsungGalaxyS5
#OnePlusOne