Apple's reliance on Qualcomm could decline faster than expected after Q4 2026

The article reports that Qualcomm expects Apple-related revenue to decline faster than previously projected as Apple expands use of its in-house C-series modems in future iPhones. Qualcomm attributes the shift partly to supply constraints and says it is raising prices because of shortages and component cost increases. The company is also seeking to offset reduced Apple revenue through growth in AI data center products, with forecasts of significant revenue by 2027 and 2029.

Summary generated July 31, 2026. AI summaries can make mistakes.