Qualcomm (NASDAQ:QCOM) reported quarterly earnings of $2.65 per share which beat the analyst consensus estimate of $2.56 by 3.52 percent. This is a 7.02 percent decrease over earnings of $2.85 per share from the same period last year. The company reported quarterly sales of $10.599 billion which beat the analyst consensus estimate of $10.593 billion by 0.05 percent. This is a 2.19 percent decrease over sales of $10.836 billion the same period last year.