Qualcomm reports Q2 revenue up 17% YoY to $11B, vs. $10.6B est., handsets revenue up 12%, forecasts Q3 revenue slightly below est.; QCOM drops 5%+ after hours (Ian King/Bloomberg)

Ian King / Bloomberg:
Qualcomm reports Q2 revenue up 17% YoY to $11B, vs. $10.6B est., handsets revenue up 12%, forecasts Q3 revenue slightly below est.; QCOM drops 5%+ after hours  —  Revenue in the period ending in June will be $9.9 billion to $10.7 billion, the company said Wednesday in a statement.