Ed Ludlow

You know, it's easy to try and compare and contrast with Meta, right?

Particularly in the glasses context.

You know, Meta has a generative AI tool, Meta AI, and the glasses have been the surprise package, the modus operandi by which people interface with that AI tool.

Can you see the same story with Snap with the glasses and what the point of them will be ultimately?

Minda Smiley of eMarketer, thank you very much.

Now coming up, we speak with Qualcomm CEO, Cristiano Amon.

That conversation's next.

This is Bloomberg Tech.

Let's focus in on Qualcomm.

Shares right now down about 8% on track for their biggest drop since last summer.

At one point in the session, we were down 11% on track for the biggest drop since March of 2020.

The world's largest maker of smartphone processors issued a lackluster revenue forecast, raising some concerns that memory supply constraints could push prices higher, which in turn would weigh on the handset demand.

Joining us to discuss is Cristiano Amon,

Qualcomm CEO.

Cristiano, good morning.

Thank you for coming back to Bimbo Tech.

I give you that what's happening in memory is completely outside of your control, right?

But the forecast for the current period of sales up to $11 billion, I suppose one way of looking at it is how much better would that have been were the market not so constrained by the supply of memory right now, but also the pricing pressure that that supply deficit puts in place?

There's, I'll tell you, I'll tell you.

Go ahead.