Qualcomm (NASDAQ:QCOM) reported quarterly earnings of $2.21 per share which missed the analyst consensus estimate of $2.23 by 0.9 percent. This is a 20.22 percent decrease over earnings of $2.77 per share from the same period last year. The company reported quarterly sales of $9.947 billion which beat the analyst consensus estimate of $9.668 billion by 2.89 percent. This is a 4.03 percent decrease over sales of $10.365 billion the same period last year.