Ian King / Bloomberg:
Qualcomm reports Q3 revenue up 11% YoY to $9.39B, vs. $9.21B est., handset chip sales up 12% YoY to $5.9B, and forecasts Q4 revenue above estimates — Qualcomm Inc., the world's biggest seller of smartphone processors, gave a strong revenue forecast for the current period, indicating that demand for phones is rebounding.